The Firmwatch take
2 Excel Engineering Limited (08965471) currently shows: At risk signal detected, based on accounts to 31 March 2024; last refreshed 25 May 2026. Net liabilities of £4.1m — assets do not cover obligations.
Companies House source·Accounts to 31 Mar 2024·Refreshed 25 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
28 March 2014
12 years on the register
Sector
Other transport equipment manufacturing
SIC 30300 · matched to division
Size
Not classified
Net assets
−£4.1m
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Money
What the balance sheet says
Net assets
−£4.1m
Bottom 10% in sector · sector median £763 · 3,519 filers in this sector
Cash
Not disclosed
Working cap.
£1.1m
Median £3k
Current ratio
1.2×
Median 1.2×
Signals · 2
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Old public accounts
The latest extracted accounts period is more than 18 months old.
Sector benchmark · Transport Equipment Manufacturing
How this company compares in 3,519 filers in this sector
Bottom 10% in sector — 2 Excel Engineering Limited shows −£4.1m in net assets. Sector median is £763.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Address pattern · W4 1DB
152 other UK companies registered at this postcode.
Active
142
Dissolved
3
Strike-off action
3
People
Who runs this company
- NC
NORTON, Christopher James Richard
director · since 2014
Registered office
Address intelligence
152 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.