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Thoroughgood Engineering Ltd

14147108

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

CHERRY TREES RIFFHAMS LANE, CHELMSFORD, CM3 4DS
Incorporated 01/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Michael Thoroughgood

director · Since 01/06/2022

WELDER

BRITISH · UNITED KINGDOM · Age 40

Mr Stephen Thoroughgood

director · Since 01/06/2022

WELDER

BRITISH · UNITED KINGDOM · Age 70

Persons with Significant Control

Mr Stephen Thoroughgood

25–50% shares
25–50% votes

British · United Kingdom · Age 70

Cherry Trees, Riffhams Lane, Chelmsford, CM3 4DS

Notified 01/06/2022

Mr Michael Thoroughgood

25–50% shares
25–50% votes

British · United Kingdom · Age 40

Cherry Trees, Riffhams Lane, Chelmsford, CM3 4DS

Notified 01/06/2022

CompanyRankvs 5977+ SIC 43999 peers
75

Financial strength89th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.87× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

£279k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£199k

Working capital

Current Assets

£305k

Current Liabilities

£106k

Fixed Assets

£80k

7avg. employees+4

Balance Sheet

Assets less current liabilities£279k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20252.87+£119k
20241.73+£82k
20231.15

Derived from filed accounts. Not audited figures.