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Mind Engineering Ltd

11519154

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

2A BARNARD CLOSE, LONDON, SE18 6JQ
Incorporated 15/08/2018

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 10/11/2025

Due 24/11/2026

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles
45200
Maintenance and repair of motor vehicles

Officers

Mr Andrew Neil Palmer

secretary · Since 14/01/2019

Also on 1 other board

Mr Mark Ian Nolan

director · Since 14/01/2019

DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Andrew Neil Palmer

director · Since 15/12/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Persons with Significant Control

Mr Andrew Neil Palmer

50–75% shares

British · England · Age 68

2a, Barnard Close, London, SE18 6JQ

Notified 01/02/2019

Former PSCs

Mr Mindaugas Paspirgelis

Ceased 01/02/2019

CompanyRankvs 698+ SIC 29320 peers
54

Financial strength68th percentile among SIC peers · 17/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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698Mind Engineering Ltd
53
How is this score calculated?
Financial strength17/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

£15k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£34k

Current Liabilities

£33k

0avg. employees-1

Balance Sheet

Assets less current liabilities£17k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20251.03
20240.81
20231.15

Derived from filed accounts. Not audited figures.