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Unit Superheater Engineering Limited

10761227

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

UNIT HOUSE ELBA BUSINESS PARK, SWANSEA, SA1 8QE
Incorporated 09/05/2017

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/08/2025

Due 06/09/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures
25290
Manufacture of other tanks, reservoirs and containers of metal
25300
Manufacture of steam generators, except central heating hot water boilers
25990
Manufacture of other fabricated metal products

Officers

Mr Cy Thomas Wilkinson

director · Since 06/04/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 7 other boards

Mr Andrew John Williams

director · Since 06/04/2020

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 67

Also on 6 other boards

Persons with Significant Control

Unitbirwelco Ltd

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

Unit House Elba Business Park, Elba Crescent, Swansea, SA1 8QE

Reg: 11506274 · Companies House · Limited By Shares

Notified 21/12/2018

Former PSCs

Archover Limited

Ceased 21/12/2018

Charges0 outstanding

Charge
satisfied

ARCHOVER LIMITED

Created 12/11/2018Registered 14/11/2018Satisfied 21/12/2021

CompanyRankvs 2685+ SIC 25110 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees15/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern In forming our opinion on the financial statements, we have considered the adequacy of the disclosure made in note 2 to the financial statements concerning the company's ability to conti

Key FinancialsYear ending 31/12/2021

Turnover

£6.9M

Annual revenue

Net Worth

-£558k

Balance sheet strength

Cash

£34k

Cash in the bank

Profit Before Tax

-£745k

Bottom line earnings

Net Current Assets

-£1.2M

Working capital

Current Assets

£6.1M

Current Liabilities

£7.3M

Fixed Assets

£829k

Debtors

£5.7M

Cost of Sales

£5.3M

Gross Profit

£1.5M

Admin Expenses

£2.1M

Operating Profit

-£591k

Profit After Tax

-£696k

62avg. employees+6

Tax at Year End(2020)

Corp tax£27k

People Costs

Wages & salaries£1.8M
NI contributions£191k

Balance Sheet

Intangible assets£99k
Assets less current liabilities-£350k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20210.84
20200.91
20190.96

Derived from filed accounts. Not audited figures.