£82k
+160%vs Jun 2023Active - Proposal to Strike off14203283Private limited companyOlney
CORMACH ENGINEERING LIMITED
Proposal to strike offThe registrar has published a notice proposing to remove this company from the register. Unless the cause is dealt with or an objection is upheld, it can be dissolved. Status as shown on the Companies House register at 31 August 2026; it may have changed since. Check the live record.
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
01
Summary
CORMACH ENGINEERING LIMITED is an active (proposal to strike off) private limited company (company number 14203283) incorporated on 29 June 2022, registered in Olney. Its registered activity is other engineering activities (SIC 71129). Latest small accounts cover the period ending 30 June 2024, showing net assets of £82k and cash of £120k, with 1 employee on average. Net assets rose 160% on the prior period (£31k).
Peer position · net assets
By net assets it sits in the top quarter of 181 comparable companies in Milton Keynes (median £4,062, upper quartile £42k).
02
Key dates
- Incorporated
- 29 June 20224 yrs ago
- Next accounts due
- 30 March 2026206 days overdue
- Confirmation statement due
- 13 July 2027in 264 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 71129
- Other engineering activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£120k
+98%vs Jun 2023Not reported
1
No changevs Jun 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 June 2024 | £82k | £120k | £72k | £111k | — | — | 1 |
| 30 June 2023 | £31k | £61k | £0 | £29k | — | — | 1 |
Current ratio1.73Comfortable
Cash per employee£120kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Filing and accounts signals
- Positive net assetsNet assets £81,595 at 2024-06-30
- Net assets growing+160.3% vs prior period
- Current assets at least 1.5× short-term creditorsCurrent ratio 1.73
- Cash at bank of £50,000 or moreCash £120,192
- Incorporated two to five years agoIncorporated 2022-06-29
- Register status is not ActiveActive - Proposal to Strike off
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
06
Ownership and control
- Mr David Armstrong
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
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 264 days
- Next accounts due206 days overdue
- Accounts period endNet assets £82k · small accounts
- Accounts period endNet assets £31k · small accounts
- Incorporated
08
Similar companies in Milton Keynes
- JESMOND IT LTDMilton Keynes · inc. Jun 2022
- DRENGR LTDMilton Keynes · inc. Jul 2022
- SKUZNECOV LTDBedford · inc. Jul 2022
- ALSTON ENGINEERING SERVICES LTDBedford · inc. Jul 2022
- STANDARD HEAT LTDMilton Keynes · inc. Jul 2022
- HALLSTONE GROUP LTDBedford · inc. Jun 2022
All companies incorporated on 29 June 2022 · in Jun 2022.
09
Reminders for CORMACH ENGINEERING LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.