Underground Service Engineering Ltd
13792834
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/12/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 63
Also on 4 other boards
secretary · Since 02/08/2022
Persons with Significant Control
Mr Frazer James Lowe
British · England · Age 27
Unit 6, 36, Newport, PO30 5XA
Notified 10/12/2021
Mr Dale Mark Hillier
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 peers36
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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 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
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.32 |
| 2023 | 0.86 |
| 2022 | 0.84 |
Derived from filed accounts. Not audited figures.