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Rishton Welding & Engineering Company Limited

00404834

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

HEYS LANE, LANCASHIRE, BB6 7UA
Incorporated 20/02/1946

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Timothy James Williams

director · Since 16/12/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Mr Michael James Yearing

director · Since 16/12/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Persons with Significant Control

Harrisons Engineering (Lancashire) Limited

75–100% shares
75–100% votes

Judge Walmsley Mill, Longworth Road, Clitheroe, BB7 9TP

Reg: 02974428 · Companies House · Private Limited Company

Notified 16/12/2019

Former PSCs

Mr Stephen John Pilling

Ceased 16/12/2019

Charges0 outstanding

Charge
satisfied

A J BELL TRUSTEES LTD · GRANVILLE PILLING · ANNE WHITEHEAD · STEPHEN JOHN PILLING

Created 20/01/2016Registered 29/01/2016Satisfied 07/11/2016
charge
satisfied

BARCLAYS BANK PLC

Created 21/09/1990Registered 08/10/1990Satisfied 07/11/2016

CompanyRankvs 590+ SIC 25110 peers
81

Financial strength88th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.96× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£391k

Cash in the bank

Net Current Assets

£640k

Working capital

Current Assets

£1.3M

Current Liabilities

£668k

Fixed Assets

£599k

Debtors

£750k

20avg. employees-4

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.96-£168k
20243.33-£19k
20232.40+£343k
20223.01-£2k
20212.48+£111k
20202.53

Derived from filed accounts. Not audited figures.