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Ridgeway Manufacturing Limited

06751260

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BAYS 1 & 2B COOKLEY WHARF LEYS ROAD, BRIERLEY HILL, DY5 3UP
Incorporated 17/11/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Melvyn Kim Heath

director · Since 14/10/2021

BUSINESS DEVELOPMENT MANAGER

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Mr Douglas John Alec Jones

director · Since 14/10/2021

COMMERCIAL MANAGER

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Md Partnerships Limited

75–100% shares
75–100% votes
Appoint directors

Bays 1 & 2b Cookley Wharf, Leys Road, Brierley Hill, DY5 3UP

Reg: 14180126 · Register Of Companies, Companies House · Private Company Limited By Shares

Notified 05/07/2022

Former PSCs

Mr Ian Charles Detheridge

Ceased 05/07/2022

Director Ross Nicklin

Ceased 18/03/2017

Charges1 outstanding

Charge
satisfied

BCRS BUSINESS LOANS LIMITED

Created 05/07/2022Registered 21/07/2022Satisfied 02/07/2024
Charge
satisfied

BCRS CIEF LIMITED

Created 05/07/2022Registered 21/07/2022Satisfied 09/08/2024
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/07/2015Registered 08/07/2015

CompanyRankvs 3045+ SIC 25990 peers
55

Financial strength59th percentile among SIC peers · 15/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.99× · 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 strength15/25 pts

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

Employees14/15 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 31/03/2025

Net Worth

£84k

Balance sheet strength

Cash

£169k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£655k

Current Liabilities

£663k

Fixed Assets

£112k

Debtors

£349k

26avg. employees+9

Tax at Year End

Corp tax£48k

Balance Sheet

Intangible assets£3k
Assets less current liabilities£105k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.99+£22k
20241.41+£16k
20231.44-£26k
20221.15+£28k
20211.04

Derived from filed accounts. Not audited figures.