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Rope & Sling Specialists Limited

04084819

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 14 LANGDON HOUSE, SWANSEA, SA1 8QY
Incorporated 05/10/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Steven James Hutin

director · Since 08/06/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Mr Alan Paul Varney

director · Since 06/04/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Mrs Angela Jane Holmes

secretary · Since 01/05/2020

Mr Darragh Hickey

director · Since 06/10/2023

DIRECTOR

IRISH · IRELAND · Age 44

Ms Carla Van Snippenberg

director · Since 06/10/2023

DIRECTOR

DUTCH · NETHERLANDS · Age 62

Persons with Significant Control

Rss Engineering Group Uk Ltd

25–50% shares
25–50% votes

Elfed House, Mulberry Drive, Cardiff, CF23 8RS

Reg: 05729633 · Companies House Uk · Limited Company

Notified 06/04/2016

Prolift Holding Bv

50–75% shares
50–75% votes
Appoint directors

3e, Loosterweg 44, Hillegom

Reg: 000049382933 · Dutch Commercial Register · Company

Notified 06/10/2023

Former PSCs

Mr Steven James Hutin

Ceased 06/04/2016

Charges1 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/01/2019Registered 16/01/2019Satisfied 18/08/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/07/2013Registered 08/08/2013Satisfied 18/08/2023
charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 17/07/2012Registered 19/07/2012
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED TRADING AS ALEX LAWRIE FACTORS

Created 14/08/2003Registered 16/08/2003Satisfied 18/05/2013

CompanyRankvs 98+ SIC 28220 peers
64

Financial strength92th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.53× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees15/15 pts

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

Liquidity16/20 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

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

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 financial statements are authorised for issue. However, because not all future events or conditions can be predicted, this statement

Key FinancialsYear ending 31/12/2024

Net Worth

£3.2M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

£334k

Bottom line earnings

Net Current Assets

£2.2M

Working capital

Current Assets

£6.4M

Current Liabilities

£4.2M

Fixed Assets

£3.2M

Debtors

£3.4M

Admin Expenses

£4.9M

Profit After Tax

£77k

87avg. employees+3

Tax at Year End

Corp tax£0
Dividends paid£20k

People Costs

Wages & salaries£3.1M

Balance Sheet

Intangible assets£0
Assets less current liabilities£5.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.53+£77k
20231.45+£1.4M
20201.69-£1.0M
20191.64+£343k
20181.59

Derived from filed accounts. Not audited figures.