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Wright Engineering (Rainham) Limited

00955343

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 3 DEANS INDUSTRIAL ESTATE, RAINHAM, RM13 9XL
Incorporated 02/06/1969

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Richard De Smedt

secretary · Since 28/06/1991

BRITISH · UNITED KINGDOM · Age 68

Also on 11 other boards

Mrs Beryl De Smedt

director · Since 28/06/1991

SECRETARY

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Mr Richard De Smedt

director · Since 28/06/1991

ENGINEER

BRITISH · UNITED KINGDOM · Age 68

Also on 11 other boards

Persons with Significant Control

Mr Richard De Smedt

50–75% shares

British · England · Age 68

43 Church Lane, Bulphan, Nr. Upminster, RM14 3TR

Notified 06/04/2016

Mrs Beryl De Smedt

25–50% shares

British · England · Age 64

43 Church Lane, Bulphan, Nr Upminster, RM14 3TR

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONWIDE ANGLIA BUILDING SOCIETY

Created 18/01/1991Registered 01/02/1991
charge
satisfied

NATIONWIDE ANGLIA BUILDING SOCIETY

Created 18/01/1991Registered 24/01/1991Satisfied 13/02/2007

CompanyRankvs 36009+ SIC 43999 peers
27

Financial strength5th percentile among SIC peers · 1/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£23k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£2k

Current Liabilities

£36k

Fixed Assets

£11k

Debtors

-£5k

1avg. employees

Tax at Year End(2023)

VAT£4k

Director Loans(2023)

Company owes directors£38k

Balance Sheet

Intangible assets£4k
Assets less current liabilities-£23k
Signed by Mr Richard De Smedt 07/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.06-£671
20240.17-£10k
20230.33-£21k£88k
20220.83-£6k
20211.01-£22k
20201.84+£5k
20191.80-£6k
20181.53

Derived from filed accounts. Not audited figures.