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I.G. Engineering Limited

09500300

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT X BIRCH HOUSE, ERITH, DA8 1QX
Incorporated 20/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Ian Newnham

director · Since 20/03/2015

DIRECTOR

BRITISH · ENGLAND · Age 63

Mr Gary Tink

director · Since 20/03/2015

PRECISION ENGINEER

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Mr Ian Douglas Newnham

25–50% shares

British · England · Age 63

Unit X Birch House, Fraser Road, Erith, DA8 1QX

Notified 06/04/2016

Mr Gary Tink

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-trust

British · England · Age 59

Unit X, Birch House, Birch Walk, Erith, DA8 1QX

Notified 06/04/2016

CompanyRankvs 3981+ SIC 71129 peers
72

Financial strength82th percentile among SIC peers · 21/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.09× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2026

Net Worth

£71k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£64k

Working capital

Current Assets

£123k

Current Liabilities

£59k

Fixed Assets

£7k

1avg. employees

Balance Sheet

Assets less current liabilities£71k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20262.09+£16k
20252.15+£26k
20242.07-£35k
20233.67

Derived from filed accounts. Not audited figures.