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Jms Engineers (Chelmsford) Limited

10363935

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 10, BRIGHTWELL BARNS, BRIGHTWELL, IP10 0BJ
Incorporated 07/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Daniel Joseph Staines

director · Since 07/09/2016

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 7 other boards

Mr Mark Richard Weston

director · Since 14/03/2019

CIVIL AND STRUCTURAL ENGINEER

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Mrs Anna-Maria Staines

director · Since 21/10/2024

CLINICAL NURSE SPECIALIST (RETIRED)

BRITISH · ENGLAND · Age 64

Also on 7 other boards

Persons with Significant Control

Jms Engineers Consulting Group Limited

75–100% shares
75–100% votes

Unit 27 Brightwell Barns, Waldringfield Road, Brightwell, IP10 0BJ

Reg: 09119667 · England And Wales · Limited Company

Notified 07/09/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 13/02/2017Registered 14/02/2017

CompanyRankvs 17802+ SIC 71129 peers
21

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees14/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Going Concern The directors assess whether the use of going concern is appropriate, i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on

Key FinancialsYear ending 31/08/2024

Net Worth

-£313k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£306k

Working capital

Current Assets

£197k

Current Liabilities

£502k

Fixed Assets

£2k

Debtors

£123k

Profit After Tax

-£51k

10avg. employees

Balance Sheet

Assets less current liabilities-£303k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.39-£51k
20230.54-£67k
20220.66-£145k
20210.97-£93k
20201.52
20191.27
20181.29

Derived from filed accounts. Not audited figures.