# UNDERHILL ENGINEERING (UK) LIMITED (14130353)

> UNDERHILL ENGINEERING (UK) LIMITED is an active private limited company (company number 14130353) incorporated on 25 May 2022, registered in Plymouth. Its registered activity is manufacture of metal structures and parts of structures (SIC 25110). Latest small accounts cover the period ending 31 March 2025, showing net assets of £1.57m and cash of £198k, with 49 employees on average. Net assets rose 97% on the prior period (£798k).

- Status: Active
- Incorporated: 2022-05-25
- Registered office: Plymouth, PL7 5BG
- SIC 25110: Manufacture of metal structures and parts of structures
- SIC 25620: Machining
- SIC 30110: Building of ships and floating structures
- SIC 43210: Electrical installation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-06-08
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 870 comparable companies in Other (median £23k, upper quartile £297k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £1.57m | £198k | £2.44m | £1.13m | — | — | 49 |
| 2024-03-31 | £798k | £585k | £2.14m | £1.97m | — | — | 43 |

current ratio 2.35; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £1,574,835 at 31 March 2025
- Net assets up 10% or more on the prior period: +97.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.35
- Cash at bank of £50,000 or more: Cash £198,341
- Incorporated two to five years ago: Incorporated 25 May 2022

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Underhill Properties Ltd (corporate-entity) — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2023-01-04

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/14130353
HTML: https://firmoscan.com/company/14130353-underhill-engineering-uk-limited