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Leadout Engineering Ltd

14466096

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

77 SACKVILLE ROAD, NEWCASTLE UPON TYNE, NE6 5TA
Incorporated 07/11/2022

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 21/12/2025

Due 04/01/2027

On track

Industry

71121
Engineering design activities for industrial process and production
71122
Engineering related scientific and technical consulting activities
71129
Other engineering activities

Officers

Mr David Boyd

director · Since 07/11/2022

ENGINEER

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr David Boyd

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 41

77, Sackville Road, Newcastle Upon Tyne, NE6 5TA

Notified 07/11/2022

CompanyRankvs 5668+ SIC 71121 peers
62

Financial strength73th percentile among SIC peers · 18/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio Infinity× · 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 strength18/25 pts

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

Employees5/15 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 30/11/2024

Net Worth

£29k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£28k

Working capital

Current Assets

£28k

Current Liabilities

£0

Fixed Assets

£2k

1avg. employees

Tax at Year End(2023)

Dividends paid£24k

Balance Sheet

Assets less current liabilities£29k
Signed by 1.12.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2024Infinity+£15k

Derived from filed accounts. Not audited figures.