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Ips Mechanical Engineering Limited

11407584

active
Private Limited Company
england wales
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

UNIT 1 MERTHYR TYDFIL INDUSTRIAL ESTATE, MERTHYR TYDFIL, CF48 4DR
Incorporated 11/06/2018

Compliance

Last accounts

31/07/2024

small

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 10/06/2025

Due 24/06/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures
25990
Manufacture of other fabricated metal products
36000
Water collection, treatment and supply
37000
Sewerage

Officers

Mr Martin Christian Francis Evans

director · Since 11/06/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Mr James Gwyn Cuddihy

director · Since 28/03/2024

COMPANY DIRECTOR

BRITISH · WALES · Age 37

Also on 2 other boards

Mrs Hayley Louise Lloyd

director · Since 28/03/2024

COMPANY DIRECTOR

BRITISH · WALES · Age 50

Also on 3 other boards

Persons with Significant Control

Ips Me Holdings Limited

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

Unit 1, Merthyr Tydfil Industrial Park, Merthyr Tydfil, CF48 4DR

Reg: 15573783 · Registrar Of Companies · Limited Company

Notified 28/03/2024

Former PSCs

Mr Paul Michael Barnett

Ceased 28/03/2024

Mr Martin Christian Francis Evans

Ceased 28/03/2024

Charges1 outstanding

Charge
outstanding

PAUL MICHAEL BARNETT · MARTIN CHRISTIAN FRANCIS EVANS

Created 28/03/2024Registered 10/04/2024
Charge
satisfied

WAYNE BUSHEN · GEOFFREY CHURTON · PAUL JONES

Created 04/10/2018Registered 05/10/2018Satisfied 07/08/2020
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/10/2018Registered 05/10/2018Satisfied 20/10/2021

CompanyRankvs 1700+ SIC 25110 peers
49

Financial strength72th percentile among SIC peers · 18/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees6/15 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.

Longevity8/15 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 31/07/2024

Net Worth

£227k

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

£227k

Working capital

Current Assets

£2.7M

Current Liabilities

£2.5M

Fixed Assets

£0

Debtors

£1.2M

2avg. employees

Tax at Year End

Corp tax£12k

Balance Sheet

Assets less current liabilities£227k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.09-£265k
2023+£38k
2022+£39k
2021+£113k
2020+£250k

Derived from filed accounts. Not audited figures.