Rydan Mechanical Services Limited
03856515
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/03/2000
MECHANICAL SERVICES
BRITISH · UNITED KINGDOM · Age 56
director · Since 03/03/2003
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 1 other board
director · Since 01/09/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 47
Also on 1 other board
Persons with Significant Control
Mr Steven John Mills
British · United Kingdom · Age 58
Unit 27, Olympic Business Park, Paycocke Road, Basildon, SS14 3EX
Notified 06/04/2016
Mr Iain Brian Skerritt
British · United Kingdom · Age 56
Unit 27, Olympic Business Park, Paycocke Road, Basildon, SS14 3EX
Notified 06/04/2016
Mr Dean Edward Lloyd
British · United Kingdom · Age 47
Unit 27, Olympic Business Park, Paycocke Road, Basildon, SS14 3EX
Notified 06/04/2016
Former PSCs
Mr Vincent Frank James Turner
Ceased 15/11/2017
Mrs Lynda Karen Turner
Ceased 06/04/2016
Mrs Claire Skerritt
Ceased 06/04/2016
Charges1 outstanding
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CompanyRankvs 61+ SIC 43390 peers70
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
effective as the company suffers very few bad debts. Capital risk management The Company's objectives when managing capital are to safeguard the Company's ability to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders and to maintain an optimal capital structure to reduce the cost of the capital. Liquidity risk Pru
Key FinancialsYear ending 31/10/2024
Net Worth
£4.2M
Balance sheet strength
Cash
£2.0M
Cash in the bank
Net Current Assets
£3.8M
Working capital
Current Assets
£6.0M
Current Liabilities
£2.2M
Fixed Assets
£452k
Debtors
£4.1M
Cost of Sales
£12.3M
Admin Expenses
£2.9M
Profit After Tax
£1.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.73 | +£604k |
| 2023 | 2.22 | -£326k |
| 2022 | 2.26 | +£560k |
| 2021 | 2.31 | +£473k |
| 2020 | 1.95 | +£484k |
| 2019 | 1.92 | — |
Derived from filed accounts. Not audited figures.