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Off Grid Engineering Ltd

12426283

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

C/O BEVAN BUCKLAND LLP SUITE 4 BRITANNIA HOUSE, COWBRIDGE, CF71 7EG
Incorporated 27/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr David Scott Simpson

director · Since 27/01/2020

ELECTRICIAN

WELSH · WALES · Age 54

Also on 1 other board

Persons with Significant Control

Mr David Scott Simpson

25–50% shares
25–50% votes

Welsh · Wales · Age 54

C/O Bevan Buckland Llp, Suite 4 Britannia House, Cowbridge, CF71 7EG

Notified 27/01/2020

Former PSCs

Mr Ian Michael Hewson

Ceased 20/03/2026

Leanne Rebecca Farr

Ceased 07/01/2024

CompanyRankvs 31098+ SIC 43210 peers
44

Financial strength31th percentile among SIC peers · 8/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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31098Off Grid Engineering Ltd
39
How is this score calculated?
Financial strength8/25 pts

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

Employees8/15 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

£206

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£147k

Current Liabilities

£149k

Fixed Assets

£14k

Debtors

£120k

2avg. employees-1

Tax at Year End(2024)

Corp tax£24k

Director Loans(2024)

Company owes directors£553
Directors owe company£49k

Balance Sheet

Assets less current liabilities£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.98——
20245.77+£24k—
202313.79—£134k

Derived from filed accounts. Not audited figures.