Low Cost Hydraulic Engineering Limited
09745066
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/05/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 32
Also on 2 other boards
Persons with Significant Control
Scotty Capital Limited
5, Harvey Close, Washington, NE38 OAB
Reg: 15956103 · Companies House · Private Company Limited By Shares
Notified 27/05/2025
Former PSCs
Mr Peter Holland
Ceased 27/05/2025
Charges1 outstanding
LISA SCOTT
CompanyRankvs 3060+ SIC 71129 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
£239k
Balance sheet strength
Cash
£51k
Cash in the bank
Net Current Assets
£54k
Working capital
Current Assets
£142k
Current Liabilities
£88k
Fixed Assets
£215k
Debtors
£90k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.62 | +£10k |
| 2024 | 1.15 | +£60k |
| 2023 | 2.91 | — |
Derived from filed accounts. Not audited figures.