Road Engineering Ltd
05656499
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Lee Duerden
director · Since 16/12/2005
British
Patrick William John Thomas Macadam
director · Since 03/01/2020
British
Shaun Anthony O'Neill
director · Since 03/01/2020
British
Former
Ryan Duerden
secretary · Resigned 28/12/2016
Stephen Michael Price
secretary · Resigned 15/05/2006
Uk Company Secretaries Limited
corporate secretary · Resigned 16/12/2005
Uk Incorporations Limited
corporate director · Resigned 16/12/2005
CompanyRankvs 3490+ SIC 50100 peers48
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/12/2024
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.35 | -£10k |
| 2023 | 0.62 | — |
Derived from filed accounts. Not audited figures.