£17.42m
+8%vs Feb 2024Active00946573Private limited companyLincoln
DESTEC ENGINEERING LIMITED
A80/10001
Summary
DESTEC ENGINEERING LIMITED is an active private limited company (company number 00946573) incorporated on 23 January 1969, registered in Lincoln. Its registered activity is manufacture of other fabricated metal products n.e.c. (SIC 25990). Latest medium accounts cover the period ending 28 February 2025, showing net assets of £17.42m and cash of £5.38m, with 81 employees on average. Turnover was £13.48m and profit for the year £1.66m. Net assets rose 8% on the prior period (£16.10m).
Peer position · net assets
By net assets it sits in the top quarter of 1,292 comparable companies in Other (median £24k, upper quartile £215k).
02
Key dates
- Incorporated
- 23 January 196957 yrs ago
- Next accounts due
- 28 November 2026in 37 days
- Confirmation statement due
- 6 February 2027in 107 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 25990
- Manufacture of other fabricated metal products n.e.c.
- Accounts type
- Medium
- Size band
- MediumCompanies Act thresholds
04
Financials
£5.38m
+42%vs Feb 2024£13.48m
+30%vs Feb 202481
−5%vs Feb 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 February 2025 | £17.42m | £5.38m | — | £3.37m | £13.48m | £1.66m | 81 |
| 28 February 2024 | £16.10m | £3.80m | — | £2.36m | £10.35m | £367k | 85 |
Current ratio4.81Comfortable
Net margin12.3%Profit for the year ÷ turnover
Cash per employee£66kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
80 / 100 · grade A
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £17,416,922 at 2025-02-28 |
| +8 | Comfortable liquidityCurrent ratio 4.81 |
| +4 | Cash reservesCash £5,375,443 |
| +8 | EstablishedIncorporated 1969-01-23 (58 years) |
| 80 | Score, grade A |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr John Alan Stewart Maclachlan
- owns 25–50% of shares
- Mr Barry Porter
- owns 50–75% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 107 days
- Next accounts duein 37 days
- Accounts period endNet assets £17.42m · medium accounts
- Accounts period endNet assets £16.10m · medium accounts
- Incorporated
08
Similar companies in the UK
- MITEK INDUSTRIES LIMITEDWorcester · inc. Dec 1968
- EXCEL PRECISION (BIRMINGHAM) LTDDroitwich · inc. Mar 1969
- L.M.L. PRODUCTS LIMITEDCalne · inc. Nov 1968
- D.J. SAYWELL LIMITEDSt Neots · inc. Nov 1968
- ECAM ENGINEERING LIMITEDStoke On Trent · inc. Apr 1969
- J. & J. EVERNDEN ENGINEERING CO. LIMITEDBroadway · inc. Jul 1969
All companies incorporated on 23 January 1969 · in Jan 1969.
09
Reminders for DESTEC ENGINEERING LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.