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Wara & Sons Mechanical Design Engineering Limited

10139972

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

5 KIRBY DRIVE, DERBY, DE73 6AD
Incorporated 21/04/2016

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 28/07/2025

Due 11/08/2026

On track

Industry

25620
Machining

Officers

Mr Jatin Kishore Wara

secretary · Since 21/04/2016

Also on 2 other boards

Mr Jatin Kishore Wara

director · Since 21/04/2016

ENGINEERING CONSULTANT

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Jatin Kishore Wara

25–50% shares
75–100% votes

British · England · Age 40

5, Kirby Drive, Derby, DE73 6AD

Notified 21/04/2016

Mrs Neha Wara

25–50% shares

Indian · England · Age 42

5, Kirby Drive, Derby, DE73 6AD

Notified 28/07/2023

CompanyRankvs 1482+ SIC 25620 peers
52

Financial strength10th percentile among SIC peers · 3/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 3.21× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

Longevity10/15 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 30/04/2025

Net Worth

-£289

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£49k

Working capital

Current Assets

£71k

Current Liabilities

£22k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£51k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.21
20253.21
20243.38
20231.81-£3k
20222.42-£10k
20215.46+£9k
20202.20+£2k
20191.53

Derived from filed accounts. Not audited figures.