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Optimal Engineering Ltd

15531532

active
Private Limited Company
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

3RD FLOOR, 86-90, LONDON, EC2A 4NE
Incorporated 29/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation
43999
Specialised construction activities

Officers

Mr Adam Saleh

director · Since 29/02/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 24

Also on 1 other board

Mr Ryan Mark Davies

director · Since 17/07/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 26

Also on 3 other boards

Persons with Significant Control

Mr Adam Saleh

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

British · United Kingdom · Age 24

3rd Floor, 86-90, Paul Street, London, EC2A 4NE

Notified 29/02/2024

Mr Ryan Mark Davies

25–50% shares

British · England · Age 26

3rd Floor, 86-90, Paul Street, London, EC2A 4NE

Notified 29/02/2024

CompanyRankvs 33596+ SIC 43220 peers
30

Financial strength13th percentile among SIC peers · 3/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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33596Optimal Engineering Ltd
30
How is this score calculated?
Financial strength3/25 pts

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

Employees8/15 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.

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 31/03/2025

Net Worth

-£774

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£11k

Current Liabilities

£23k

Fixed Assets

£12k

2avg. employees

Balance Sheet

Assets less current liabilities-£774
Signed by 2024-02-29Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.46

Derived from filed accounts. Not audited figures.