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R.A.D Engineering Limited

04856854

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

LYNWOOD CULVERLEY FARM, BROCKENHURST, SO42 7YP
Incorporated 05/08/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Richard Andrew Dovey

director · Since 05/08/2003

ENGINEER & STEEL FABRICATOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mr Richard Andrew Dovey

secretary · Since 22/09/2016

Also on 1 other board

Persons with Significant Control

Mr Richard Andrew Dovey

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

British · England · Age 48

Lynwood, Culverley Farm, Brockenhurst, SO42 7YP

Notified 05/08/2016

Mrs Amy Louise Dovey

25–50% shares
25–50% votes
Appoint directors

British · England · Age 48

Lynwood, Culverley Farm, Brockenhurst, SO42 7YP

Notified 22/12/2020

Charges0 outstanding

charge
satisfied

SG EQUIPMENT FINANCE LIMITED

Created 26/04/2010Registered 14/05/2010Satisfied 24/11/2023
charge
satisfied

HSBC BANK PLC

Created 17/09/2003Registered 19/09/2003Satisfied 05/12/2023

CompanyRankvs 1188+ SIC 25110 peers
67

Financial strength90th percentile among SIC peers · 23/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees2/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£313k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£771k

Current Liabilities

£768k

Fixed Assets

£2.5M

Debtors

£427k

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£2.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.00+£0
20251.00+£278k
20240.94+£339k
20231.08+£311k
20220.68+£107k
20210.70

Derived from filed accounts. Not audited figures.