Shpg Engineering Limited
13445905
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Steven Hook
director · Since 08/06/2021
British
CompanyRankvs 570+ SIC 49100 peers55
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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
and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Presentation currency The company's financial statements are presented in sterling. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compa
Key FinancialsYear ending 30/06/2025
Net Worth
£37k
Balance sheet strength
Cash
£24k
Cash in the bank
Net Current Assets
£26k
Working capital
Current Assets
£30k
Current Liabilities
£4k
Fixed Assets
£11k
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 7.36 | -£60k |
| 2024 | 3.79 | — |
Derived from filed accounts. Not audited figures.