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Rain Engineering Limited

03915490

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 8 KIRKHALL WORKSHOPS, BOLTON, BL1 4HH
Incorporated 28/01/2000

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/01/2026

Due 11/02/2027

On track

Industry

71129
Other engineering activities

Officers

Catherine Budd

director · Since 05/12/2000

OFFICE MANAGER

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Mr Richard James Budd

director · Since 05/12/2000

ENGINEER

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Catherine Budd

secretary · Since 06/10/2007

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Persons with Significant Control

Mr Richard James Budd

Significant control

British · England · Age 55

Unit 8 Kirkhall Workshops, Bolton, BL1 4HH

Notified 01/01/2017

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/03/2004Registered 17/03/2004

CompanyRankvs 556+ SIC 71129 peers
77

Financial strength90th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.31× · 20/20
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 strength23/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£194k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£169k

Working capital

Current Assets

£298k

Current Liabilities

£129k

Fixed Assets

£25k

7avg. employees+1

Balance Sheet

Assets less current liabilities£194k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.31+£44k
20232.62+£55k
20222.15

Derived from filed accounts. Not audited figures.