78 Engineering Limited
10854313
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Simon Mercer
British · United Kingdom · Age 47
Unit 2, White Rails Yard, Headcorn Road, Ulcombe, ME17 1HD
Notified 06/07/2017
Mrs Celia Louise Mercer
British · United Kingdom · Age 51
Unit 2, White Rails Yard, Headcorn Road, Ulcombe, ME17 1HD
Notified 20/09/2017
CompanyRankvs 3595+ SIC 25990 peers56
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
£1k
Balance sheet strength
Cash
£23k
Cash in the bank
Net Current Assets
£4k
Working capital
Current Assets
£299k
Current Liabilities
£296k
Fixed Assets
£74k
Debtors
£256k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.01 | -£26k |
| 2024 | 1.19 | -£56k |
| 2023 | 1.62 | — |
Derived from filed accounts. Not audited figures.