Rees Machinery Group Limited
05959911
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 08/04/2026
Due 22/04/2027
Industry
Officers
director · Since 09/10/2006
MACHINERY SALES
BRITISH · UNITED KINGDOM · Age 54
Also on 6 other boards
Former
corporate nominee secretary · Resigned 09/10/2006
director · Resigned 04/02/2008
director · Resigned 01/09/2016
director · Resigned 01/07/2023
director · Resigned 22/02/2024
Persons with Significant Control
Rees Trading Uk Limited
Unit C, Mochdre Industrial Estate, Newtown, SY16 4LE
Reg: 07783306 · England & Wales · Private Company Limited By Shares
Notified 06/04/2016
Charges4 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
UNIT C
NEWTOWN
CompanyRankvs 70+ SIC 25620 peers68
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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.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£8.4M
Annual revenue
Net Worth
£4.4M
Balance sheet strength
Cash
£2.6M
Cash in the bank
Profit Before Tax
£746k
Bottom line earnings
Net Current Assets
£3.6M
Working capital
Current Assets
£6.1M
Current Liabilities
£2.6M
Fixed Assets
£1.4M
Debtors
£2.1M
Cost of Sales
£5.2M
Gross Profit
£3.2M
Admin Expenses
£2.4M
Operating Profit
£806k
Profit After Tax
£667k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.39 | +£667k |
| 2023 | 2.04 | — |
Derived from filed accounts. Not audited figures.