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Rainham Industrial Services Limited

04582381

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

PHOENIX HOUSE - SUITE 10, GROUND FLOOR, BASILDON, SS14 3EZ
Incorporated 05/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation
43341
Painting
43991
Scaffold erection

Officers

Mr Tim Mccarthy

director · Since 16/11/2005

DIRECTOR

BRITISH · ENGLAND · Age 65

Mr Andrew Mark Rynston

director · Since 01/01/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Mr David Paget

director · Since 04/02/2012

ENGINEER

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Michael Anthony Scaife

director · Since 04/02/2012

ENGINEER

BRITISH · UNITED KINGDOM · Age 66

Mr Tom Walsh

director · Since 17/04/2025

DIRECTOR

IRISH · IRELAND · Age 59

Mr Jamie Christian Kent

director · Since 17/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 28 other boards

Dr Maxine Eleanor Mayhew

director · Since 13/04/2026

BRITISH · UNITED KINGDOM · Age 52

Also on 14 other boards

Persons with Significant Control

Vulcan Bidco Limited

75–100% shares

The Old Hanger, Little Bassetts Farm Magpie Lane, Brentwood, CM13 3EA

Reg: 16002627 · Companies House · Limited Company

Notified 17/10/2024

Former PSCs

Mr Timothy Edward Mccarthy

Ceased 17/10/2017

Mr Timothy Edward Mccarthy

Ceased 17/10/2024

Charges1 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT

Created 24/01/2025Registered 27/01/2025
charge
satisfied

LLOYDS TSB BANK PLC

Created 27/02/2012Registered 28/02/2012Satisfied 19/04/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 24/02/2012Registered 25/02/2012Satisfied 23/01/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/08/2009Registered 27/08/2009Satisfied 08/06/2020
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/09/2007Registered 22/09/2007Satisfied 06/01/2014
charge
satisfied

BARCLAYS BANK PLC

Created 13/10/2006Registered 03/11/2006Satisfied 24/02/2012
charge
satisfied

BARCLAYS BANK PLC

Created 16/09/2006Registered 23/09/2006Satisfied 24/02/2012
charge
satisfied

BARCLAYS BANK PLC

Created 24/03/2005Registered 08/04/2005Satisfied 24/02/2012

CompanyRankvs 1062+ SIC 43290 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.88× · 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 strength25/25 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. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£10.9M

Balance sheet strength

Cash

£8.3M

Cash in the bank

Profit Before Tax

£10.0M

Bottom line earnings

Net Current Assets

£9.1M

Working capital

Current Assets

£19.5M

Current Liabilities

£10.4M

Fixed Assets

£2.7M

Debtors

£509k

Cost of Sales

£76.1M

Admin Expenses

£8.1M

Profit After Tax

£7.4M

554avg. employees+57

Tax at Year End

Corp tax£1.7M
Dividends paid£7.0M

People Costs

Wages & salaries£42.2M

Balance Sheet

Bank loans & overdrafts£0
Assets less current liabilities£11.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.88+£412k
20231.80+£3.6M
20221.46+£166k
20211.97+£579k
20201.56

Derived from filed accounts. Not audited figures.