Halifax Precision Engineering Ltd
11712805
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/12/2018
ENGINEER
BRITISH · ENGLAND · Age 43
Also on 1 other board
Persons with Significant Control
Mr John Allan Bell
British · England · Age 43
Lumb Cottage, Lumb Lane, Halifax, HX2 7UJ
Notified 05/12/2018
CompanyRankvs 6502+ SIC 71121 peers36
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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 31/12/2024
Net Worth
-£41k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£31k
Working capital
Current Assets
£17k
Current Liabilities
£48k
Fixed Assets
£23k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.35 | +£2k |
| 2023 | 0.07 | — |
Derived from filed accounts. Not audited figures.