Redlynch Agricultural Engineering Limited
03316370
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/11/2024
full
Next accounts due
31/08/2026
Confirmation statement
Last: 11/02/2026
Due 25/02/2027
Industry
Officers
director · Since 11/02/1997
DIRECTOR
BRITISH · ENGLAND · Age 65
Also on 8 other boards
secretary · Since 01/12/2020
director · Since 01/12/2020
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 39
Also on 1 other board
Persons with Significant Control
Mr Nicholas James Heal
British · England · Age 65
Redlynch, Somerset, BA10 0NH
Notified 06/04/2016
Charges0 outstanding
HSBC UK BANK PLC
MIDLAND BANK PLC
CompanyRankvs 15+ SIC 46610 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 30/11/2024
Turnover
£30.5M
Annual revenue
Net Worth
£12.6M
Balance sheet strength
Cash
£2.4M
Cash in the bank
Profit Before Tax
£2.0M
Bottom line earnings
Net Current Assets
£10.8M
Working capital
Current Assets
£15.2M
Current Liabilities
£4.4M
Fixed Assets
£2.8M
Debtors
£5.2M
Cost of Sales
£27.3M
Gross Profit
£3.1M
Admin Expenses
£1.3M
Operating Profit
£2.1M
Profit After Tax
£1.5M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.48 | +£2.6M |
| 2022 | 2.80 | +£1.5M |
| 2021 | 2.02 | +£1.3M |
| 2020 | 2.25 | — |
Derived from filed accounts. Not audited figures.