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Westfield Engineering Ltd

15347808

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)
  • Current liabilities exceed current assets (-10)

Details

UNITS 1 - 2 DEMETER BUILDINGS, STOCKPORT, SK4 2BE
Incorporated 13/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Richard Kevin Langley

director · Since 06/02/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Miss Bethany Rebecca Langley

director · Since 05/09/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 26

Also on 1 other board

Persons with Significant Control

Mr Richard Kevin Langley

50–75% shares
50–75% votes
Appoint directors
significant-influence-or-control-as-firm

British · England · Age 57

Units 1 - 2 Demeter Buildings, Brighton Road, Stockport, SK4 2BE

Notified 11/02/2024

Former PSCs

Mrs Lynn Mcgarry

Ceased 12/03/2024

CompanyRankvs 1943+ SIC 25110 peers
59

Financial strength57th percentile among SIC peers · 14/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.96× · 16/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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1943Westfield Engineering Ltd
54
How is this score calculated?
Financial strength14/25 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.

Liquidity16/20 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 31/12/2024

Net Worth

£62k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£71k

Working capital

Current Assets

£144k

Current Liabilities

£74k

Fixed Assets

£219k

8avg. employees

Balance Sheet

Assets less current liabilities£290k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20241.96

Derived from filed accounts. Not audited figures.