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Rig 2 Limited

01547253

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

RIG2, MANCHESTER, M12 6LB
Incorporated 25/02/1981

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 01/08/2025

Due 15/08/2026

On track

Industry

74209
Other photographic activities

Officers

Mr Nigel Edwards

director · Since 01/11/2008

STUDIO MANAGER

BRITISH · ENGLAND · Age 58

Mr Paul Andrew Brown

director · Since 19/07/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Rig2 Photography Manchester Limited

75–100% shares
75–100% votes

Rig2, 2a Midland Street, Manchester, M12 6LB

Reg: 08845567 · Companies House · Ltd

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 02/03/2004Registered 10/03/2004
charge
satisfied

BARCLAYS BANK PLC

Created 28/01/2002Registered 31/01/2002Satisfied 24/02/2004

CompanyRankvs 139+ SIC 74209 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.59× · 16/20
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 strength25/25 pts

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

Employees15/15 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.

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

£394k

Balance sheet strength

Cash

£95k

Cash in the bank

Net Current Assets

£347k

Working capital

Current Assets

£938k

Current Liabilities

£591k

Fixed Assets

£79k

Debtors

£600k

23avg. employees+2

Tax at Year End

Corp tax£64k
VAT£157k

Balance Sheet

Assets less current liabilities£426k
Signed by Mr Paul Brown 25th July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.59+£108k£3.1M
20232.04-£213k£1.8M
20222.43+£47k£2.2M
20212.63+£225k£1.8M
20202.21-£188k£2.2M
20192.75+£103k£1.5M
20181.71

Derived from filed accounts. Not audited figures.