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R.M.I. Engineering Limited

05386907

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

ANGLIA BUSINESS PRK WATTISHAM ROAD, STOWMARKET, IP14 2HX
Incorporated 09/03/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Richard Stuart Eldridge

director · Since 09/03/2005

ENGINEERING

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Richard Stuart Eldridge

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

British · United Kingdom · Age 52

80, Compair Crescent, Ipswich, IP2 0EH

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

CLYDESDALE BANK PLC

Created 26/02/2021Registered 05/03/2021Satisfied 23/03/2026
Charge
satisfied

CLYDESDALE BANK PLC (CN: SC001111)

Created 26/02/2021Registered 05/03/2021Satisfied 23/03/2026

CompanyRankvs 624+ SIC 25620 peers
77

Financial strength71th percentile among SIC peers · 18/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.55× · 16/20
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 strength18/25 pts

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

Employees13/15 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.

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

£343k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£512k

Working capital

Current Assets

£1.4M

Current Liabilities

£928k

Fixed Assets

£308k

Debtors

£1.2M

Profit After Tax

-£528k

18avg. employees-2

Tax at Year End

Dividends paid£196k

Balance Sheet

Assets less current liabilities£820k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.55-£461k
20232.11-£719k
20222.39+£542k
20212.81

Derived from filed accounts. Not audited figures.