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Underhill Engineering (Uk) Limited

14130353

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

WAYCON HOUSE WESTERN WOOD WAY, PLYMOUTH, PL7 5BG
Incorporated 25/05/2022

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 06/06/2025

Due 20/06/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures
25620
Machining
30110
Building of ships and floating structures
43210
Electrical installation

Officers

Mr Robert Elliott

director · Since 25/05/2022

SITE OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Mr Lucas Fox

director · Since 25/05/2022

MANUFACTURING OPERATIONS MANAGER

GERMAN · ENGLAND · Age 40

Also on 1 other board

Mr Jason Darryl Green

director · Since 25/05/2022

BUSINESS OPERATIONS

BRITISH · UNITED KINGDOM · Age 36

Also on 1 other board

Mr Michael John Underhill

director · Since 25/05/2022

ENGINEER

BRITISH · ENGLAND · Age 76

Also on 20 other boards

Persons with Significant Control

Underhill Properties Ltd

50–75% shares
50–75% votes
Appoint directors

Waycon House, Western Wood Way, Plymouth, PL7 5BG

Reg: 10556188 · Companies House · Limited Company

Notified 04/01/2023

Former PSCs

Underhill Engineering Limited

Ceased 04/01/2023

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/07/2023Registered 27/07/2023

CompanyRankvs 1459+ SIC 25110 peers
54

Financial strength91th percentile among SIC peers · 23/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.35× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees2/15 pts

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

Liquidity20/20 pts

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

Longevity4/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£198k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.6M

Current Liabilities

£1.1M

Fixed Assets

£121k

Debtors

£2.4M

0avg. employees-43

Tax at Year End

Corp tax£488k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.35+£777k
20241.39
20232.70

Derived from filed accounts. Not audited figures.