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Tme Motorsport Engineering Limited

10382063

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

FITZROY HOUSE, IPSWICH, IP1 3LG
Incorporated 17/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29100
Manufacture of motor vehicles

Officers

Mr Clive John Taylor

director · Since 17/09/2016

MOTOR ENGINEER

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Clive John Taylor

75–100% shares
75–100% votes
Appoint directors
Significant control

British · England · Age 64

Fitzroy House, Crown Street, Ipswich, IP1 3LG

Notified 17/09/2016

CompanyRankvs 665+ SIC 29100 peers
32

Financial strength5th percentile among SIC peers · 1/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.15× · 2/20
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 strength1/25 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.

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.

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

-£231k

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

-£280k

Working capital

Current Assets

£50k

Current Liabilities

£330k

Fixed Assets

£59k

Debtors

£43k

0avg. employees

Balance Sheet

Assets less current liabilities-£221k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.15+£0
20240.15-£24k
20230.11

Derived from filed accounts. Not audited figures.