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Cygnus Engineering Ltd

15002455

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

WELLESLEY HOUSE, 1ST FLOOR, ILFORD, IG1 4NH
Incorporated 13/07/2023

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 12/07/2025

Due 26/07/2026

On track

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Talha Lodhi

director · Since 13/07/2023

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Mr Talha Lodhi

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

British · United Kingdom · Age 39

Wellesley House, 1st Floor, 102 Cranbrook Road, Ilford, IG1 4NH

Notified 13/07/2023

CompanyRankvs 18460+ SIC 71122 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 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.

Longevity3/15 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 31/07/2025

Net Worth

-£29k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£2k

Current Liabilities

£33k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£29k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£0
20250.06-£1k
2024-0.00

Derived from filed accounts. Not audited figures.