Engine Ai Limited
12152960
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 11/11/2025
Due 25/11/2026
Industry
Officers
director · Since 09/09/2025
DIRECTOR
PORTUGUESE · PORTUGAL · Age 54
Persons with Significant Control
Farhang Mehregani
British · England · Age 52
Regency House, 33 Wood Street, Barnet, EN5 4BE
Notified 02/09/2019
Former PSCs
Mr Pedro Miguel Fonseca Rodrigues
Ceased 02/09/2019
CompanyRankvs 30877+ SIC 62090 peers39
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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.
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
Ended 31 March 2025 Audit report The Independent Auditor's Report was unqualified. We draw attention to note 2 in the financial statements which indicates that the Company's ability to continue as a going concern is dependent upon securing additional investment funding post year end to continue in operational existence for the period of at least 12 months from the approval of the financial stateme
Key FinancialsYear ending 31/03/2025
Net Worth
-£659k
Balance sheet strength
Cash
£50k
Cash in the bank
Net Current Assets
£102k
Working capital
Current Assets
£679k
Current Liabilities
£577k
Fixed Assets
£29k
Debtors
£628k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.18 | -£1.5M |
| 2024 | 2.31 | +£576k |
| 2023 | 1.25 | +£1.9M |
| 2022 | 0.90 | -£1.6M |
| 2021 | 5.16 | -£2.2M |
| 2020 | 38.34 | — |
Derived from filed accounts. Not audited figures.