Tyne Engineering Factors Ltd
15528123
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/08/2024
COMMERCIAL DIRECTOR
INDIAN · ENGLAND · Age 27
Also on 4 other boards
Persons with Significant Control
Mr Amit Amit
Indian · England · Age 27
6, Roman Close, Feltham, TW13 5DN
Notified 18/08/2024
Former PSCs
Mr John Robert Halpin
Ceased 04/02/2025
CompanyRankvs 60+ SIC 29310 peers74
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Turnover
£2.8M
Annual revenue
Net Worth
£1.0M
Balance sheet strength
Cash
£149k
Cash in the bank
Profit Before Tax
£871k
Bottom line earnings
Net Current Assets
£494k
Working capital
Current Assets
£559k
Current Liabilities
£65k
Fixed Assets
£520k
Debtors
£312k
Cost of Sales
£675k
Gross Profit
£2.1M
Admin Expenses
£392k
Operating Profit
£871k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 8.62 |
Derived from filed accounts. Not audited figures.