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Elstone Engineering Limited

10317484

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

GROUND FLOOR PORTLAND HOUSE, NEWCASTLE UPON TYNE, NE1 8AL
Incorporated 08/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures
25620
Machining
25990
Manufacture of other fabricated metal products

Officers

Robert Walkinshaw Mclean

director · Since 08/08/2016

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 5 other boards

Mr David Alan Bruce

director · Since 11/11/2019

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Persons with Significant Control

Robert Walkinshaw Mclean

25–50% shares
25–50% votes

British · United Kingdom · Age 66

Ground Floor, Portland House, Newcastle Upon Tyne, NE1 8AL

Notified 08/08/2016

Mr John Hind

25–50% shares
25–50% votes

British · United Kingdom · Age 61

Ground Floor, Portland House, Newcastle Upon Tyne, NE1 8AL

Notified 08/08/2016

Mr David Alan Bruce

25–50% shares
25–50% votes

British · United Kingdom · Age 54

Ground Floor, Portland House, Newcastle Upon Tyne, NE1 8AL

Notified 06/10/2020

Former PSCs

Andrew Graeme Evans

Ceased 01/09/2017

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 24/07/2020Registered 28/07/2020

CompanyRankvs 15+ SIC 25110 peers
27

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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.

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 31/08/2022

Net Worth

£124k

Balance sheet strength

Cash

£93k

Cash in the bank

Net Current Assets

£128k

Working capital

Current Assets

£1.1M

Current Liabilities

£942k

Fixed Assets

£234k

Debtors

£726k

25avg. employees+8

Tax at Year End(2021)

VAT£87k

Balance Sheet

Intangible assets£10k
Bank loans & overdrafts£196k
Assets less current liabilities£362k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20221.14+£122k—
20211.42—£1.7M

Derived from filed accounts. Not audited figures.