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Engelworks Ltd

10359451

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

FLAT 132, LONDON, SE1 2JJ
Incorporated 05/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64303
Activities of venture and development capital companies

Officers

Mr Karl Engelmark

director · Since 05/09/2016

CEO

SWEDISH · GB · Age 62

Ms Irina Pafomova

director · Since 01/11/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Persons with Significant Control

Ms Irina Pafomova

25–50% shares
25–50% votes

British · United Kingdom · Age 50

132 The Circle, Queen Elizabeth Street, London, SE1 2JJ

Notified 04/02/2020

Mr Karl Engelmark

25–50% shares
25–50% votes

Swedish · England · Age 62

Flat 132, Queen Elizabeth Street, London, SE1 2JJ

Notified 05/02/2020

Former PSCs

Mr Karl Engelmark

Ceased 04/02/2020

CompanyRankvs 201+ SIC 64303 peers
75

Financial strength84th percentile among SIC peers · 21/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 16.21× · 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 strength21/25 pts

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

Employees9/15 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 31/12/2024

Net Worth

£198k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£203k

Working capital

Current Assets

£217k

Current Liabilities

£13k

1avg. employees-1

Balance Sheet

Assets less current liabilities£203k
Signed by I Pafomova 17 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202416.21+£33k
202314.03-£33k
20212.88+£104k
20203.11+£72k
20191.34+£19k
20181.08

Derived from filed accounts. Not audited figures.