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Underground Service Engineering Ltd

13792834

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)
  • Negative net worth (-10)

Details

UNIT 6 36, NEWPORT, PO30 5XA
Incorporated 10/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

37000
Sewerage
42910
Construction of water projects

Officers

Mr Dale Mark Hillier

director · Since 10/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 4 other boards

Mr Frazer James Lowe

director · Since 10/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 27

Ms Susan Patricia Lowe

secretary · Since 02/08/2022

Persons with Significant Control

Mr Frazer James Lowe

25–50% shares
25–50% votes
Appoint directors

British · England · Age 27

Unit 6, 36, Newport, PO30 5XA

Notified 10/12/2021

Mr Dale Mark Hillier

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 63

Unit 6, 36, Newport, PO30 5XA

Notified 10/12/2021

Former PSCs

Mr Jonathan Alexander Mangar

Ceased 07/01/2025

CompanyRankvs 836+ SIC 37000 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/12/2024

Net Worth

-£42k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£111k

Working capital

Current Assets

£52k

Current Liabilities

£163k

Fixed Assets

£75k

7avg. employees+4

Balance Sheet

Assets less current liabilities-£36k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.32
20230.86
20220.84

Derived from filed accounts. Not audited figures.