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A & B Richardson Engineering Limited

05716161

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

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

Details

UNIT 11, HALESOWEN, B62 8AN
Incorporated 21/02/2006

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/03/2026

Due 20/03/2027

On track

Industry

25500
Forging, pressing, stamping and roll-forming of metal; powder metallurgy
25610
Treatment and coating of metals
25730
Manufacture of tools

Officers

Mr Samson John Folkes

director · Since 01/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 27 other boards

Mrs Tammy Louise Inglis

director · Since 01/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 11 other boards

Persons with Significant Control

Folkes Forgings Acquisition Ltd

75–100% shares
75–100% votes

Prospect Road, Prospect Road, Halesowen, B62 8DZ

Reg: 07848738 · England And Wales · Companies Act 2006

Notified 01/04/2022

Former PSCs

Mr Barry Richardson

Ceased 04/07/2018

Mr Andrew Richardson

Ceased 18/04/2022

Folkes Forgings Acquisition Ltd

Ceased 19/04/2022

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/10/2020Registered 29/10/2020
charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 29/05/2008Registered 30/05/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/12/2006Registered 09/12/2006Satisfied 09/03/2022

CompanyRankvs 203+ SIC 25500 peers
45

Financial strength64th percentile among SIC peers · 16/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/09/2021

Net Worth

£222k

Balance sheet strength

Cash

£246k

Cash in the bank

Net Current Assets

-£105k

Working capital

Current Assets

£635k

Current Liabilities

£740k

Fixed Assets

£758k

Debtors

£379k

0avg. employees-9

Balance Sheet

Assets less current liabilities£653k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20210.86-£336k
20201.22-£122k
20191.31+£376k
20180.92

Derived from filed accounts. Not audited figures.