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Tyne Engineering Factors Ltd

15528123

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

Healthy

30/30
Filing
30/30
Financial
40/40
Risk

No risk factors detected.

Details

14 EDDISON ROAD, WASHINGTON, NE38 8JH
Incorporated 28/02/2024

Compliance

Last accounts

28/02/2026

total exemption full

Next accounts due

30/11/2027

On track

Confirmation statement

Last: 20/08/2025

Due 03/09/2026

On track

Industry

29310
Manufacture of electrical and electronic equipment for motor vehicles
29320
Manufacture of other parts and accessories for motor vehicles
71129
Other engineering activities
82990
Other business support service activities

Officers

Mr Amit Amit

director · Since 18/08/2024

COMMERCIAL DIRECTOR

INDIAN · ENGLAND · Age 27

Also on 4 other boards

Persons with Significant Control

Mr Amit Amit

Significant control

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 62+ SIC 29310 peers
74

Financial strength93th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 16.4× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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 28/02/2026

Turnover

£3.6M

Annual revenue

Net Worth

£1.2M

Balance sheet strength

Cash

£249k

Cash in the bank

Profit Before Tax

£580k

Bottom line earnings

Net Current Assets

£526k

Working capital

Current Assets

£560k

Current Liabilities

£34k

Fixed Assets

£641k

Debtors

£210k

Cost of Sales

£1.0M

Gross Profit

£2.6M

Admin Expenses

£592k

Operating Profit

£580k

14avg. employees+3

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202616.40+£154k
20258.62

Derived from filed accounts. Not audited figures.