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R.D.M. Electrical Services Limited

02229614

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

PHOENIX HOUSE LLYS FELIN NEWYDD, SWANSEA, SA7 9FG
Incorporated 11/03/1988

Compliance

Last accounts

31/03/2024

medium

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

43210
Electrical installation

Officers

Mr David John Kieft

secretary · Since 31/03/1993

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 33 other boards

Mr David John Kieft

director · Since 31/03/1993

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 33 other boards

Mr Steven Pridmore

director · Since 06/04/2009

COMPANY DIRECTOR

BRITISH · WALES · Age 58

Also on 1 other board

Mr Mark Alan Sainsbury

director · Since 01/04/2016

COMPANY DIRECTOR

BRITISH · WALES · Age 62

Also on 2 other boards

Persons with Significant Control

Raven Delta Limited

75–100% shares
75–100% votes

Unit 6, Ferryboat Close, Swansea, SA6 8PZ

Notified 31/10/2018

Former PSCs

Mr Richard Daniel Moriarty

Ceased 31/10/2018

Mr David John Kieft

Ceased 31/10/2018

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 10/06/2025Registered 11/06/2025
Charge
outstanding

DBW INVESTMENTS (3) LIMITED

Created 07/08/2024Registered 12/08/2024
Charge
satisfied

LLOYDS BANK PLC

Created 10/06/2022Registered 15/06/2022Satisfied 13/06/2025
charge
outstanding

LLOYDS BANK PLC

Created 09/06/1993Registered 15/06/1993

CompanyRankvs 1813+ SIC 43210 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.59× · 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 strength25/25 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

the directors' assessment of the entity's ability to continue to adopt the going concern basis of accounting included a review of afterdate management accounts and projections to 31st March 2026. We considered the appropriateness of the assumptions used in compiling the projections and a

Key FinancialsYear ending 31/03/2024

Turnover

£25.2M

Annual revenue

Net Worth

£2.8M

Balance sheet strength

Cash

£490k

Cash in the bank

Profit Before Tax

£652k

Bottom line earnings

Net Current Assets

£2.7M

Working capital

Current Assets

£7.4M

Current Liabilities

£4.6M

Fixed Assets

£20k

Debtors

£6.8M

Cost of Sales

£22.0M

Gross Profit

£3.2M

Admin Expenses

£2.5M

Operating Profit

£651k

Profit After Tax

£652k

195avg. employees+38

Tax at Year End

Dividends paid£343k

Director Loans

Directors owe company£2k

People Costs

Wages & salaries£7.2M
NI contributions£27k

Balance Sheet

Assets less current liabilities£2.8M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.59+£222k
20232.02+£482k
20221.82+£16k
20211.96-£38k
20201.82+£453k
20191.92

Derived from filed accounts. Not audited figures.