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Rio Stainless Engineering Limited

01884390

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 1, NEPTUNE INDUSTRIAL, WILLENHALL, WV13 2PZ
Incorporated 08/02/1985

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 24/01/2026

Due 07/02/2027

On track

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

Officers

Mr Peter Frederick James Hamlett

director · Since 23/02/1992

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 79

Lisa Stokes

secretary · Since 21/06/1996

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Lee Foster

director · Since 10/10/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Lisa Stokes

director · Since 10/10/2005

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Peter Frederick James Hamlett

50–75% votes

British · England · Age 79

Unit 1, Neptune Industrial, Willenhall, WV13 2PZ

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 29/03/1990Registered 04/04/1990
charge
outstanding

MIDLAND BANK PLC

Created 04/06/1985Registered 10/06/1985

CompanyRankvs 68+ SIC 24200 peers
69

Financial strength90th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.47× · 12/20
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.

Liquidity12/20 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 31/03/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

£782k

Working capital

Current Assets

£2.5M

Current Liabilities

£1.7M

Fixed Assets

£464k

Debtors

£408k

18avg. employees-3

Tax at Year End(2024)

Corp tax£37k

Director Loans(2024)

Company owes directors£196k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20251.47-£340k
20241.65-£918k
20234.49+£126k
20223.78+£101k
20213.79+£8k
20204.21+£79k
20194.53-£74k
20174.20

Derived from filed accounts. Not audited figures.