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R.H. Insulation Services Limited

02062526

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

LAKE HOUSE 2 PORT WAY, PORTSMOUTH, PO6 4TY
Incorporated 08/10/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr David Merifield

director · Since 06/04/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mr Steven Merifield

director · Since 06/04/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mrs Hayley Woods

secretary · Since 31/05/2020

Also on 2 other boards

Mrs Hayley Woods

director · Since 29/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

R.H. Insulation Services Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

Lake House, 2 Port Way, Portsmouth, PO6 4TY

Reg: 15384936 · United Kingdom · Private Limited Company

Notified 29/02/2024

Former PSCs

Mr Simon Merifield

Ceased 29/02/2024

Mr Richard Horn

Ceased 19/11/2018

Mrs Christina Merifield

Ceased 29/02/2024

Charges1 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 31/08/1988Registered 02/09/1988

CompanyRankvs 157+ SIC 43290 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.69× · 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 strength25/25 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 28/02/2026

Net Worth

£2.3M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.3M

Current Liabilities

£303k

Fixed Assets

£358k

Debtors

£443k

11avg. employees

Balance Sheet

Assets less current liabilities£2.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20267.69+£359k
20255.59-£2.0M
20247.81+£664k
20239.64+£317k
20229.14+£407k
20216.44+£345k
20204.88+£417k
20194.22

Derived from filed accounts. Not audited figures.