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R.T. Bearings Limited

01591145

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 19 BEVAN INDUSTRIAL ESTATE, BRIERLEY HILL, DY5 3TF
Incorporated 14/10/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28150
Manufacture of bearings, gears, gearing and driving elements

Officers

Mr John Charles Taberner

director · Since 08/04/2002

ENGINEER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr John Charles Taberner

secretary · Since 20/10/2025

Also on 1 other board

Persons with Significant Control

R.T. Bearings Holdings Limited

75–100% shares

Beauchamp House, 402-403 Stourport Road, Kidderminster, DY11 7BG

Reg: 11445308 · England & Wales · Limited Company

Notified 30/11/2018

Former PSCs

Mr Michael William Round

Ceased 30/11/2018

Mr John Charles Taberner

Ceased 30/11/2018

Charges1 outstanding

charge
satisfied

BARCLAYS BANK PLC,

Created 25/01/1994Registered 02/02/1994Satisfied 02/10/2000
charge
satisfied

BARCLAYS BANK PLC

Created 06/02/1991Registered 14/02/1991Satisfied 02/10/2000
charge
outstanding

BARCLAYS BANK PLC

Created 09/04/1984Registered 17/04/1984

CompanyRankvs 16+ SIC 28150 peers
75

Financial strength88th percentile among SIC peers · 22/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.45× · 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 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.

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 31/12/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£442k

Fixed Assets

£22k

Debtors

£388k

18avg. employees

Tax at Year End

Corp tax£203k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.45+£268k
20233.97-£6k
20225.02+£314k
20213.85+£353k
20201.35-£259k
20193.56-£140k
20183.07

Derived from filed accounts. Not audited figures.