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R.S. Engineering (Burnley) Limited

04346954

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

FOURTH FLOOR ST JAMES HOUSE, BURNLEY, BB11 1DR
Incorporated 03/01/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Nathan Kenneth Smith

director · Since 16/09/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 3 other boards

Persons with Significant Control

R S Engineering (2018) Ltd

75–100% shares
75–100% votes
Appoint directors

Ashley Street Works, Ashley Street, Burnley, BB12 0BE

Reg: 11335170 · The Registrar Of Companies · Company Limited By Shares

Notified 16/09/2021

Former PSCs

Rse Holdings Ltd

Ceased 16/09/2021

Charges4 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 03/10/2011Registered 14/10/2011
charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LIMITED AND HSBC ASSET FINANCE (UK) LIMITED

Created 18/06/2007Registered 19/06/2007
charge
outstanding

HSBC BANK PLC

Created 14/02/2003Registered 15/02/2003
charge
outstanding

HSBC BANK PLC

Created 12/02/2003Registered 14/02/2003

CompanyRankvs 14063+ SIC 71129 peers
38

Financial strength8th percentile among SIC peers · 2/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.14× · 12/20
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 strength2/25 pts

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

Employees4/15 pts

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

Liquidity12/20 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 31/03/2025

Net Worth

-£5k

Balance sheet strength

Cash

£818

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£216k

Current Liabilities

£190k

Fixed Assets

£1k

Debtors

£216k

1avg. employees

Tax at Year End(2021)

Corp tax£4k

Director Loans(2019)

Company owes directors£507

Balance Sheet

Assets less current liabilities£28k
Signed by 04346954 2024-04-01 2025-03-31 04346954 2025-03-31 04346954 bus:OrdinaryShareClass1 2025-03-31 04346954 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.14-£2k
20241.17
20231.19
20221.21-£27k
20211.20-£393k
202011.94-£167k
20198.50

Derived from filed accounts. Not audited figures.