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Regal Precision Engineers (Colne) Limited

02098380

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

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

Details

WALTON STREET WORKS, COLNE, BB8 0EL
Incorporated 10/02/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Ian Ronald Sorbie

director · Since 02/12/1994

ACCOUNTANT

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Simon Andrew Kitchen

director · Since 12/02/1997

ENGINEER

BRITISH · UNITED KINGDOM · Age 54

Mr Ian Ronald Sorbie

secretary · Since 04/06/1999

ACCOUNTANT

BRITISH · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mrs Brenda Sorbie

25–50% shares

British · England · Age 80

Regal Precison Engineers (Colne) Ltd, Walton Street Works, Colne, BB8 0EL

Notified 06/04/2016

Mr Simon Andrew Kitchen

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 54

Park Lea, Skipton Old Road, Colne, BB8 7AD

Notified 05/09/2023

Former PSCs

Mr Ray Kitchen

Ceased 05/09/2023

Charges2 outstanding

charge
outstanding

YORKSHIRE BANK PLC

Created 30/01/2004Registered 06/02/2004
charge
outstanding

YORKSHIRE BANK PLC

Created 10/05/1988Registered 22/06/1988
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/03/1987Registered 16/03/1987Satisfied 19/09/1988

CompanyRankvs 1858+ SIC 32990 peers
73

Financial strength92th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.62× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1858Regal Precision Engineers (Colne) Limited
79
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.

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 31/03/2026

Net Worth

£1.5M

Balance sheet strength

Cash

£175k

Cash in the bank

Net Current Assets

£772k

Working capital

Current Assets

£2.0M

Current Liabilities

£1.2M

Fixed Assets

£1.4M

Debtors

£860k

39avg. employees-11

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20261.62-£139k
20251.78+£302k
20241.51+£225k
20231.67+£328k
20221.51+£155k
20211.50—

Derived from filed accounts. Not audited figures.