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Caradell Engineering Limited

11960641

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

79 CAROLINE STREET, BIRMINGHAM, B3 1UP
Incorporated 24/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Nigel Merrick

director · Since 24/04/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 4 other boards

Mr Paul Merrick

director · Since 21/06/2019

DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Caradell Holdings Limited

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

Unit 14/15 Kimberley Business Park, Kimberley Way, Rugeley, WS15 1RE

Reg: 06029441 · England · Limited Company

Notified 29/04/2019

Former PSCs

Mr Nigel Merrick

Ceased 29/04/2019

Charges1 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LTD

Created 25/06/2020Registered 26/06/2020
Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 24/06/2019Registered 25/06/2019Satisfied 19/08/2020

CompanyRankvs 15+ SIC 25110 peers
18

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity7/15 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 31/03/2024

Net Worth

-£26k

Balance sheet strength

Cash

£919

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£172k

Current Liabilities

£190k

Fixed Assets

£2k

Debtors

£160k

8avg. employees+6

Balance Sheet

Assets less current liabilities-£15k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.91-£17k
20231.07
20221.27
20210.77
20200.87

Derived from filed accounts. Not audited figures.