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Nio Performance Engineering Limited

12118475

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

BUILDING 6 BEGBROKE SCIENCE PARK, BEGBROKE HILL, OXFORDSHIRE, OX5 1PF
Incorporated 23/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities
74909
Other professional, scientific and technical activities

Officers

Mr Hui Zhang

director · Since 23/07/2019

GENERAL MANAGER

GERMAN · GERMANY · Age 53

Mr Danilo Teobaldi

director · Since 01/02/2020

PRINCIPAL CHIEF ENGINEER

ITALIAN · UNITED KINGDOM · Age 53

Persons with Significant Control

Nio Inc

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

Building 19, No. 1355, Minhang District Shanghai

Reg: 294239 · New York Stock Exchange · Publicly Listed Company

Notified 23/07/2019

CompanyRankvs 3135+ SIC 71129 peers
64

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.39× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/12/2024

Turnover

£10.4M

Annual revenue

Net Worth

£3.2M

Balance sheet strength

Cash

£5.4M

Cash in the bank

Profit Before Tax

£26k

Bottom line earnings

Net Current Assets

£2.8M

Working capital

Current Assets

£9.9M

Current Liabilities

£7.1M

Fixed Assets

£361k

Debtors

£4.5M

Gross Profit

£10.4M

Admin Expenses

£10.3M

Profit After Tax

-£36k

52avg. employees-5

People Costs

Wages & salaries£5.2M
NI contributions£427k

Balance Sheet

Intangible assets£20k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.39+£402k
20231.27

Derived from filed accounts. Not audited figures.