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Nirac Design Engineering Ltd

10327881

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

PARK HOUSE, LEICESTER, LE1 3RW
Incorporated 12/08/2016

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/08/2025

Due 25/08/2026

On track

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Keith Stuart Chambers

director · Since 12/08/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Nicholas Robert Peatling

director · Since 12/08/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Persons with Significant Control

Mr Keith Stuart Chambers

25–50% shares
25–50% votes

British · England · Age 54

Park House, 37 Clarence Street, Leicester, LE1 3RW

Notified 04/11/2016

Mr Nicholas Robert Peatling

25–50% shares
25–50% votes

British · England · Age 62

Park House, 37 Clarence Street, Leicester, LE1 3RW

Notified 04/11/2016

Former PSCs

Mr Ian Ronald Aveline Conway

Ceased 23/12/2024

CompanyRankvs 1180+ SIC 71121 peers
77

Financial strength90th percentile among SIC peers · 23/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.7× · 16/20
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 strength23/25 pts

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

Employees13/15 pts

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

Liquidity16/20 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 31/12/2024

Net Worth

£173k

Balance sheet strength

Cash

£268k

Cash in the bank

Net Current Assets

£161k

Working capital

Current Assets

£391k

Current Liabilities

£230k

Fixed Assets

£11k

Debtors

£123k

3avg. employees

Balance Sheet

Assets less current liabilities£173k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.70-£89k
20237.09-£64k
20225.21-£13k
20216.87+£6k
20203.15+£166k
20191.75+£153k
20181.14

Derived from filed accounts. Not audited figures.