Chemical Operations, Automation And Mechanical Engineering Ltd
10537565
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr David Brown
British · England · Age 46
12 Garleigh Close, Killingworth, Newcastle Upon Tyne, NE12 6FJ
Notified 22/12/2016
Former PSCs
Mrs Siobhan Brown
Ceased 10/12/2025
Charges1 outstanding
THE MORTGAGE WORKS (UK) PLC
CompanyRankvs 613+ SIC 64205 peers57
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Turnover
£5k
Annual revenue
Net Worth
£55k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£35k
Working capital
Current Assets
£41k
Current Liabilities
£6k
Fixed Assets
£80k
Profit After Tax
-£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.54 | +£7k |
| 2023 | 6.03 | +£5k |
| 2022 | 5.74 | +£10k |
| 2021 | 2.38 | +£1k |
| 2020 | 5.69 | +£232 |
| 2019 | 2.99 | -£21k |
| 2018 | 2.79 | — |
Derived from filed accounts. Not audited figures.