Westlake Engineering Ltd
12205094
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
secretary · Since 13/09/2019
Persons with Significant Control
Mr Alan Westlake
British · United Kingdom · Age 82
27, Old Gloucester Street, London, WC1N 3AX
Notified 13/09/2019
Mrs Rachel Marie Westlake
British · United Kingdom · Age 57
Walnut Tree Cottage, Druids Lodge, Salisbury, SP3 4UQ
Notified 13/09/2019
CompanyRankvs 48+ SIC 25400 peers38
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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 30/09/2024
Turnover
£85k
Annual revenue
Net Worth
-£23k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£23k
Working capital
Current Assets
£39k
Current Liabilities
£62k
Profit After Tax
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.63 | -£52k |
| 2023 | 0.70 | — |
Derived from filed accounts. Not audited figures.