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The Rig Shop Limited

02365052

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

Saxon Wharf, Lower York Street, Southampton, SO14 5QF
Incorporated 23/03/1989

Previously known as

Hi-Flex Rigging Limited · until 04/01/1996
Middle Shingles Limited · until 01/03/1991

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 04/08/2026

Due 18/08/2027

On track

Industry

96090
Other personal service activities

Officers

Harry Noel James

director · Since 15/03/1991

British · England · Age 64

Stephanie James

director · Since 18/11/2011

British · United Kingdom · Age 41

Former

Noel Lockhart Peck

secretary · Resigned 03/12/2025

Persons with Significant Control

Mr Harry Noel James

75–100% shares

British · England · Age 64

Saxon Wharf, Lower York Street, Southampton, SO14 5QF

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

MARINA DEVELOPMENTS LIMITED

Created 29/09/2005Registered 01/10/2005
charge
outstanding

HSBC BANK PLC

Created 13/04/2005Registered 15/04/2005

Change History

statusactive
2026-06-11

Active

typeltd
2026-06-11

Private Limited Company

address line1Saxon Wharf
2026-06-11

10 BRIDGE STREET

post townSouthampton
2026-06-11

DORSET

postcodeSO14 5QF
2026-06-11

BH23 1EF

CompanyRankvs 49188+ SIC 96090 peers
44

Financial strength63th percentile among SIC peers · 16/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.9× · 6/20
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 strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£78k

Current Liabilities

£87k

Fixed Assets

£5k

0avg. employees-5

Balance Sheet

Assets less current liabilities£9k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.90-£33k
20241.26-£2k
20231.45

Derived from filed accounts. Not audited figures.