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Audax Engineering Ltd

15602845

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

7 BELL YARD, LONDON, WC2A 2JR
Incorporated 29/03/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Richard Wayne Kempson

director · Since 29/03/2024

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Richard Wayne Kempson

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
Appoint directors

British · England · Age 55

7, Bell Yard, London, WC2A 2JR

Notified 29/03/2024

Mrs Daphne Marie Philippine Kempson

25–50% shares
25–50% votes

French · England · Age 49

7, Bell Yard, London, WC2A 2JR

Notified 16/03/2026

Charges1 outstanding

Charge
outstanding

ASSET ADVANTAGE LIMITED

Created 24/02/2025Registered 24/02/2025

CompanyRankvs 21439+ SIC 71129 peers
23

Financial strength2th percentile among SIC peers · 1/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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21439Audax Engineering Ltd
33
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.

Employees13/15 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.

Risk deductions

Outstanding charges: -10 pts

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

-£73k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£36k

Current Liabilities

£88k

Fixed Assets

£389k

3avg. employees

Balance Sheet

Assets less current liabilities£371k
Signed by Mr Richard Kempson 19 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.41

Derived from filed accounts. Not audited figures.