Reid Lifting Limited
03896652
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 04/03/2019
COMPANY DIRECTOR (MANAGING DIRECTOR OR C
BRITISH · ENGLAND · Age 56
Also on 2 other boards
director · Since 15/05/2022
FINANCIAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Persons with Significant Control
Reid Lifting Holdings Limited
Unit 1 Wyeview, Newhouse Farm Industrial Estate, Chepstow, NP16 6UD
Reg: 08823921 · England & Wales · Limited Company
Notified 06/04/2016
Former PSCs
Mr Nicholas Paul Battersby
Ceased 04/03/2019
Charges1 outstanding
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CompanyRankvs 26+ SIC 28220 peers67
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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
Company and forecasts for the following period, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the Company to continue as a going concern. Audit report The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 14 January 2022 was Andrew Hill FCCA ACA DChA BFP ,
Key FinancialsYear ending 30/04/2021
Net Worth
£2.7M
Balance sheet strength
Cash
£928k
Cash in the bank
Net Current Assets
£2.3M
Working capital
Current Assets
£3.9M
Current Liabilities
£1.6M
Fixed Assets
£473k
Debtors
£2.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 2.49 |
Derived from filed accounts. Not audited figures.