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Axi Engineering Limited

11672200

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 18 TRAWSFFORDD ROAD, SWANSEA, SA9 1DT
Incorporated 12/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Michael Ieuan Fripp

director · Since 12/11/2018

ENGINEER

WELSH · UNITED KINGDOM · Age 28

Also on 1 other board

Mr Nathan Paul Hellyer

director · Since 16/11/2018

ENGINEER

WELSH · UNITED KINGDOM · Age 29

Mr Jamie Aaron Davies

director · Since 19/04/2020

SALES DIRECTOR

WELSH · WALES · Age 32

Also on 1 other board

Persons with Significant Control

Mr Michael Ieuan Fripp

25–50% shares
25–50% votes
Appoint directors

Welsh · United Kingdom · Age 28

Unit 2 & 3, Corbett Business Park, Ammanford, SA18 3HN

Notified 12/11/2018

Mr Nathan Paul Hellyer

25–50% shares
25–50% votes
Appoint directors

Welsh · United Kingdom · Age 29

Unit 2 & 3, Corbett Business Park, Ammanford, SA18 3HN

Notified 12/11/2018

CompanyRankvs 2088+ SIC 25620 peers
36

Financial strength5th percentile among SIC peers · 1/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

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.

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 30/11/2025

Net Worth

-£20k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£50k

Current Liabilities

£87k

Fixed Assets

£85k

Debtors

£25k

2avg. employees

Balance Sheet

Assets less current liabilities£48k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.57+£28k
20240.50-£14k
20230.30

Derived from filed accounts. Not audited figures.