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Ruskinn Technology Limited

05692599

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNITS 8 & 9 YORK PARK, BRIDGEND, CF31 3TB
Incorporated 31/01/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Andrew Jonathan Skinn

director · Since 08/02/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Mr David Charles Eagleson

director · Since 06/07/2011

PRESIDENT, THE BAKER COMPANY INC

AMERICAN · UNITED STATES · Age 54

Mr Dennis Eagleson

director · Since 06/07/2011

CEO

AMERICAN · UNITED STATES · Age 81

Mr Daniel Eagleson

director · Since 29/11/2016

SENIOR VICE PRESIDENT

AMERICAN · UNITED STATES · Age 49

Persons with Significant Control

David Charles Eagleson

Significant control

American · United States · Age 54

Units 8 & 9 York Park, Bridgend Industrial Estate, Bridgend, CF31 3TB

Notified 06/04/2016

Dennis Eagleson

Significant control

American · United States · Age 81

Units 8 & 9 York Park, Bridgend Industrial Estate, Bridgend, CF31 3TB

Notified 06/04/2016

Mr Andrew Jonathan Skinn

Significant control

British · United Kingdom · Age 65

Units 8 & 9 York Park, Bridgend Industrial Estate, Bridgend, CF31 3TB

Notified 06/04/2016

Mr Daniel Eagleson

Significant control

American · United States · Age 49

Units 8 & 9 York Park, Bridgend Industrial Estate, Bridgend, CF31 3TB

Notified 29/11/2016

Former PSCs

Scott Bray Semle

Ceased 01/07/2022

Samir Hasan Patel

Ceased 31/03/2025

Charges1 outstanding

charge
satisfied

FINANCE WALES INVESTMENTS (5) LIMITED

Created 30/03/2009Registered 02/04/2009Satisfied 16/07/2011
charge
outstanding

BARCLAYS BANK PLC

Created 22/03/2006Registered 30/03/2006
charge
satisfied

BIOTRACE INTERNATIONAL PLC

Created 08/02/2006Registered 28/02/2006Satisfied 25/03/2009

CompanyRankvs 1286+ SIC 28990 peers
37

Financial strength6th percentile among SIC peers · 2/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.04× · 12/20
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 strength2/25 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.

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.

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

company is projecting a loss for the year ending 31 December 2026, after which it is forecast to become profitable. The company’s ability to continue as a going concern is dependent on the support of its parent company, The Baker Company Inc.. The directors have received a letter of support from The Baker Company Inc. stating that they will provide financial support

Key FinancialsYear ending 31/12/2025

Net Worth

-£69k

Balance sheet strength

Cash

£53k

Cash in the bank

Net Current Assets

£53k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.3M

Fixed Assets

£12k

Debtors

£555k

22avg. employees+1

Balance Sheet

Assets less current liabilities£65k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.04-£188k
20241.22-£237k
20231.41-£405k
20222.45-£29k
20213.06

Derived from filed accounts. Not audited figures.