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R&D Precision Engineering Limited

08492028

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

19 BRINDLEY ROAD, WASHINGTON, NE37 2SF
Incorporated 16/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Ryan Lee Bone

secretary · Since 16/04/2013

Also on 1 other board

Ryan Lee Bone

director · Since 16/04/2013

ENGINEER

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Persons with Significant Control

Mr David Andrew Bone

25–50% shares

British · United Kingdom · Age 53

19, Brindley Road, Washington, NE37 2SF

Notified 01/04/2017

Mr Robert Ian Bone

25–50% shares

British · United Kingdom · Age 62

19, Brindley Road, Washington, NE37 2SF

Notified 01/04/2017

CompanyRankvs 790+ SIC 25620 peers
69

Financial strength78th percentile among SIC peers · 20/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 108.55× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees1/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£643k

Balance sheet strength

Cash

£250k

Cash in the bank

Net Current Assets

£610k

Working capital

Current Assets

£615k

Current Liabilities

£6k

Fixed Assets

£41k

Debtors

£366k

0avg. employees

Tax at Year End

Corp tax£4k

Balance Sheet

Assets less current liabilities£651k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
2024108.55+£211k
20230.81

Derived from filed accounts. Not audited figures.