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Industrial Drive Engineering Ltd

14525028

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

THE OLD WORKSHOP, ILMINSTER, TA19 9DQ
Incorporated 06/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment
72190
Other research and experimental development on natural sciences and engineering

Officers

Przemyslaw Andrzej Winiarczyk

director · Since 06/12/2022

DIRECTOR

POLISH · ENGLAND · Age 41

Also on 1 other board

Mr Piotr Pawel Bukowski

director · Since 09/04/2024

DIRECTOR

POLISH · ENGLAND · Age 40

Also on 1 other board

Mr Lewis Jamie Warrey

director · Since 09/04/2024

DIRECTOR

BRITISH · SCOTLAND · Age 27

Persons with Significant Control

Przemyslaw Andrzej Winiarczyk

25–50% shares
25–50% votes

Polish · United Kingdom · Age 41

The Old Workshop, Eaglewood Park, Ilminster, TA19 9DQ

Notified 06/12/2022

Mr Piotr Pawel Bukowski

25–50% shares
25–50% votes

Polish · England · Age 40

The Old Workshop, Eaglewood Park, Ilminster, TA19 9DQ

Notified 09/04/2024

CompanyRankvs 1873+ SIC 27900 peers
33

Financial strength8th percentile among SIC peers · 2/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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1873Industrial Drive Engineering Ltd
32
How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 pts

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

Liquidity2/20 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

-£17k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£892

Current Liabilities

£20k

Fixed Assets

£2k

3avg. employees+1

Balance Sheet

Assets less current liabilities-£17k
Signed by Mr Przemyslaw Winiarczyk 29 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.04
20230.46

Derived from filed accounts. Not audited figures.