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Hinal Engineering Ltd

09789061

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

24 EUROPA AVENUE, WEST BROMWICH, B70 6TN
Incorporated 22/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Hinal Patel

director · Since 22/09/2015

DIRECTOR

BRITISH · ENGLAND · Age 43

Mr Ishver Patel

director · Since 22/09/2015

DIRECTOR

BRITISH · ENGLAND · Age 73

Persons with Significant Control

Mr Hinal Patel

75–100% shares
75–100% votes
Appoint directors
Significant control

British · England · Age 43

24, Europa Avenue, West Bromwich, B70 6TN

Notified 21/09/2016

CompanyRankvs 5066+ SIC 71129 peers
69

Financial strength76th percentile among SIC peers · 19/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.75× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 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.

Longevity11/15 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 28/02/2026

Net Worth

£42k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£50k

Current Liabilities

£18k

Fixed Assets

£10k

1avg. employees

Balance Sheet

Assets less current liabilities£42k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20262.75+£9k
20251.43+£621
20241.48+£4k
20231.49

Derived from filed accounts. Not audited figures.