Mcgowan Engineering Developments Limited
11752329
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
03/06/2026
total exemption full
Next accounts due
03/03/2028
Confirmation statement
Last: 06/01/2026
Due 20/01/2027
Industry
Officers
director · Since 07/01/2019
ENGINEER
BRITISH · UNITED KINGDOM · Age 64
Also on 1 other board
Persons with Significant Control
Mr Hector Mcgowan
British · United Kingdom · Age 35
Southlands Farm, Gunnerton, Hexham, NE48 4EA
Notified 07/01/2019
Mr Charles Gresley Mcgowan
British · United Kingdom · Age 64
Southlands Farm, Gunnerton, Hexham, NE48 4EA
Notified 07/01/2019
CompanyRankvs 1394+ SIC 29320 peers33
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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 03/06/2026
Net Worth
-£45k
Balance sheet strength
Cash
£329
Cash in the bank
Net Current Assets
-£45k
Working capital
Current Assets
£1k
Current Liabilities
£47k
Debtors
£830
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2026 | 0.02 | -£20k | £14k |
| 2025 | 0.51 | +£11k | £170k |
| 2024 | 0.37 | -£4k | £18k |
| 2023 | 0.42 | — | — |
Derived from filed accounts. Not audited figures.