Project Engine Topco Limited
13530810
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 25/07/2025
Due 08/08/2026
Industry
Officers
director · Since 26/07/2021
INVESTOR DIRECTOR
BRITISH · UNITED KINGDOM · Age 59
Also on 34 other boards
director · Since 26/07/2021
INVESTOR DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 7 other boards
director · Since 06/08/2021
DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 3 other boards
Former
director · Resigned 31/12/2024
director · Resigned 20/04/2026
Persons with Significant Control
Apiary Capital Partners I Investment Gp Llp
6, Warwick Street, London, W1B 5LX
Reg: Oc444360 · Companies House · Corporate
Notified 17/03/2023
Former PSCs
Apiary Capital Partners I Gp Llp In Its Capacity As General Partner Of Apiary Capital Partners I Lp
Ceased 17/03/2023
Charges4 outstanding
INVESTEC BANK PLC AS SECURITY AGENT FOR THE SECURED PARTIES
INVESTEC BANK PLC AS SECURITY AGENT FOR THE SECURED PARTIES
INVESTEC BANK PLC AS SECURITY AGENT FOR THE SECURED PARTIES
INVESTEC BANK PLC
APIARY CAPITAL PARTNERS I LP ACTING BY ITS GENERAL PARTNER APIARY CAPITAL PARTNERS I GP LLP
Change History
Active
Private Limited Company
FIRST FLOOR
LONDON
CompanyRankvs 428750+ SIC 64209 peers14
Show leaderboard
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
-£34.3M
Balance sheet strength
Cash
£6.4M
Cash in the bank
Net Current Assets
£1.8M
Working capital
Current Assets
—
Current Liabilities
£434k
Fixed Assets
£606k
Debtors
£2.2M
Cost of Sales
£2.3M
Admin Expenses
£25.8M
Profit After Tax
-£13.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | -£11.5M |
| 2023 | 46.50 | — |
Derived from filed accounts. Not audited figures.