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Resurgem Engineering Co. Limited

01144476

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

RESURGEM ENGINEERING CO LTD WOODCROFT LANE, WICK, BS30 5SH
Incorporated 09/11/1973

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Paul Leslie Davies

director · Since 08/03/1992

COMPANY DIRECTOR/SECRETARY

BRITISH · ENGLAND · Age 72

Also on 3 other boards

Mr Paul Leslie Davies

secretary · Since 01/11/1994

COMPANY DIRECTOR/SECRETARY

BRITISH · ENGLAND · Age 72

Also on 3 other boards

Lee Davies

director · Since 01/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 50

Ryan Davies

director · Since 01/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Lee Scott Davies

Significant control

English · England · Age 50

Resurgem Engineering Co Ltd, Woodcroft Lane, Wick, BS30 5SH

Notified 06/04/2016

Mr Ryan Paul Davies

Significant control

British · England · Age 47

Resurgem Engineering Co Ltd, Woodcroft Lane, Wick, BS30 5SH

Notified 06/04/2016

Former PSCs

Mr Paul Leslie Davies

Ceased 01/11/2022

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 20/03/2013Registered 28/03/2013
charge
outstanding

LLOYDS BANK PLC

Created 14/06/1982Registered 15/06/1982

CompanyRankvs 239+ SIC 25990 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.99× · 20/20
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 strength23/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£523k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.6M

Current Liabilities

£411k

Fixed Assets

£1.3M

Debtors

£314k

26avg. employees

Tax at Year End

Corp tax£14k

Balance Sheet

Assets less current liabilities£2.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.99-£59k
20234.06-£3k
20223.86-£79k
20215.49-£23k
20207.06+£24k
20197.43+£48k
20186.76

Derived from filed accounts. Not audited figures.