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R & D Tool & Engineering Limited

01866185

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

HAMILTON ROAD, NOTTINGHAMSHIRE, NG17 5LD
Incorporated 23/11/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28960
Manufacture of plastics and rubber machinery

Officers

Philipp Gruner

director · Since 28/09/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 46

Also on 1 other board

Reid Tarradash

director · Since 28/09/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 45

Reid Taradash

director · Since 28/09/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 45

Mr James Anthony Ramsey

director · Since 02/01/2023

ENGINEER

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

R & D Europe Ltd

75–100% shares

1, Hamilton Road, Sutton-In-Ashfield, NG17 5LD

Reg: 03136077 · England · Plc

Notified 06/04/2016

Former PSCs

Mrs Ardith Drienik

Ceased 01/09/2022

Mr Steven Gough

Ceased 12/12/2017

Mr Alan Tolley

Ceased 06/04/2016

Mr James Anthony Ramsey

Ceased 06/04/2016

Mr Tim White

Ceased 06/04/2016

Mr Gary Sansom

Ceased 06/04/2016

Mr Shaun Ennis

Ceased 06/04/2016

Mr Michael Stiles

Ceased 01/03/2017

Mr Steven Gough

Ceased 12/12/2017

Charges4 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 29/02/2024Registered 05/03/2024
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/09/2012Registered 28/09/2012
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/11/2006Registered 15/11/2006
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/03/1997Registered 25/03/1997
charge
satisfied

YORKSHIRE BANK PLC

Created 10/06/1987Registered 13/06/1987Satisfied 30/12/1997

CompanyRankvs 16+ SIC 28960 peers
65

Financial strength95th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.54× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£7.6M

Annual revenue

Net Worth

£3.5M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£368k

Bottom line earnings

Net Current Assets

£1.1M

Working capital

Current Assets

£3.2M

Current Liabilities

£2.1M

Fixed Assets

£4.9M

Debtors

£1.1M

Cost of Sales

£2.8M

Gross Profit

£4.8M

Admin Expenses

£4.3M

Profit After Tax

£283k

77avg. employees

Tax at Year End

Corp tax£11k
Dividends paid-£858k

People Costs

Wages & salaries£3.2M
NI contributions£339k

Balance Sheet

Bank loans & overdrafts£104k
Assets less current liabilities£6.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20241.54

Derived from filed accounts. Not audited figures.