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Road Engineering Ltd

05656499

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

XLCR HOUSE, COLNE, BB8 0BU
Incorporated 16/12/2005

Compliance

Last accounts

30/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/06/2026

Due 27/06/2027

On track

Industry

50100
Sea and coastal passenger water transport
55209
Other holiday and short-stay accommodation
68209
Other letting and operating of own or leased real estate
77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Lee Duerden

director · Since 16/12/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 5 other boards

Mr Patrick William John Thomas Macadam

director · Since 03/01/2020

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Mr Shaun Anthony O'Neill

director · Since 03/01/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Persons with Significant Control

Mr Lee Duerden

25–50% shares

British · England · Age 50

Craigmore, Craigmore, Colne, BB8 7HF

Notified 06/04/2016

Mr Shaun Anthony O'Neill

25–50% shares

British · England · Age 57

Craigmore, Craigmore, Colne, BB8 7HF

Notified 03/01/2020

Mr Patrick William John Thomas Macadam

25–50% shares

British · England · Age 33

Craigmore, Craigmore, Colne, BB8 7HF

Notified 03/01/2020

Former PSCs

Mr Lee Duerden

Ceased 03/01/2020

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 31/01/2022Registered 02/02/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 22/07/2014Registered 25/07/2014

CompanyRankvs 287+ SIC 50100 peers
38

Financial strength13th percentile among SIC peers · 3/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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287Road Engineering Ltd
48
How is this score calculated?
Financial strength3/25 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.

Liquidity2/20 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 30/12/2024

Net Worth

-£60k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

£14k

Current Liabilities

£41k

Fixed Assets

£636k

Debtors

£12k

3avg. employees

Balance Sheet

Bank loans & overdrafts£169k
Assets less current liabilities£609k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.35-£10k
20230.62+£4k
20220.44-£32k
20210.70—

Derived from filed accounts. Not audited figures.