The Firmwatch take
1847 Subsea Engineering Limited is a 14-year-old architecture and engineering, active on the Companies House register. The latest filed accounts (year to 31 March 2025) show -GBP 71k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
6 July 2011
14 years on the register
Sector
Engineering related scientific and technical consulting activities
SIC 71122
Size
Not classified
Net assets
−£71k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Analytics
Risk, value and sector comparison
Insolvency risk
40/100
elevated risk
Estimated public-data value
-£70,948 - £0
low confidence - negative net assets visible value
Sector comparison
Sector: Architecture and Engineering
Sample: 48,117 companies
Negative net assets: 11.3%
- Net assets vs sector median
- -£76,926
- Working capital vs sector median
- -£8,739
- Sector median current ratio
- 1.63
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Limited working capital
The short-term asset buffer is positive but small.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 10% in sector · Sector medians shown for 48,117 filers in this sector (2025).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£8,057
Current liabilities
Amounts due within one year (short-term creditors).
£8,048
Working capital
Current assets minus current liabilities.
£9
Median £9k
Fixed assets
Long-term tangible and intangible assets.
Not disclosed
Total assets less current liabilities
Fixed assets plus working capital.
£55,331
Net assets
What's left after liabilities are deducted from assets.
-£70,948
Median £6k
Equity (capital & reserves)
Shareholder funds.
£15
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
1.0×
Median 1.6×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
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.