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North Engineering Limited

10405048

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

5 KETTLESTRING LANE, YORK, YO30 4XF
Incorporated 01/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Scott Edmondson

director · Since 01/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 43

Mr Russell Hodgson

director · Since 01/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Scott Edmondson

25–50% shares

British · England · Age 43

5 Concept Court, Kettlestring Lane, York, YO30 4XF

Notified 01/10/2016

Mr Russell Hodgson

25–50% shares

British · England · Age 45

Unit 7 Northside Business Park, Sheepscar Court, York, LS7 2BB

Notified 01/10/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 21/03/2022Registered 22/03/2022

CompanyRankvs 4376+ SIC 71129 peers
61

Financial strength96th percentile among SIC peers · 24/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.45× · 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 strength24/25 pts

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

Employees10/15 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 31/10/2024

Net Worth

£695k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£541k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.2M

Fixed Assets

£154k

Debtors

£656k

2avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.45+£9k
20231.73+£133k
202213.74+£187k
20214.06-£90k
20204.31+£176k
20193.78+£200k
20183.01

Derived from filed accounts. Not audited figures.