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Audax Engineering Ltd

15602845

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-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 16098+ SIC 71129 peers
34

Financial strength3th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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16098Audax Engineering Ltd
44
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.

Employees14/15 pts

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

Liquidity12/20 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 31/03/2026

Net Worth

-£31k

Balance sheet strength

Cash

£35k

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£147k

Current Liabilities

£114k

Fixed Assets

£383k

Debtors

£111k

6avg. employees+3

Balance Sheet

Intangible assets£137k
Assets less current liabilities£416k
Signed by Mr Richard Kempson 28 June 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20261.29+£42k
20250.41—

Derived from filed accounts. Not audited figures.