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Great Divide Engineering Ltd

14517756

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LLOYDS BANK HOUSE, HEXHAM, NE48 2AZ
Incorporated 01/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Melvyn Lee Taylor

director · Since 01/12/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Melvyn Lee Taylor

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

British · United Kingdom · Age 42

Lloyds Bank House, Bellingham, Hexham, NE48 2AZ

Notified 01/12/2022

CompanyRankvs 23544+ SIC 71129 peers
32

Financial strength11th percentile among SIC peers · 3/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.55× · 6/20
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 strength3/25 pts

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

Employees4/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

-£792

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£291

Working capital

Current Assets

£353

Current Liabilities

£644

Fixed Assets

£189

1avg. employees

Balance Sheet

Assets less current liabilities-£102
Signed by 14517756 2024-01-01 2024-12-31 14517756 2024-12-31 14517756 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20240.55
20233.69

Derived from filed accounts. Not audited figures.