Back to search

Rig2 Manchester Limited

08845567

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

RIG2, MANCHESTER, M12 6LB
Incorporated 14/01/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Paul Andrew Brown

director · Since 29/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Mr Nigel Edwards

director · Since 29/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Rig2 Holdings Limited

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

Rig2, 2a Midland Street, Manchester, M12 6LB

Reg: 11006915 · Wales · Private Limited Company

Notified 29/03/2018

Former PSCs

Mr Martin Laffan

Ceased 29/03/2018

Mr Nigel Papworth

Ceased 29/03/2018

CompanyRankvs 9963+ SIC 64209 peers
66

Financial strength75th percentile among SIC peers · 19/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength19/25 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.

Longevity12/15 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 31/10/2024

Net Worth

£195k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£111k

Current Liabilities

£112k

Fixed Assets

£196k

Debtors

£109k

4avg. employees

Balance Sheet

Assets less current liabilities£195k
Signed by Mr Paul Brown 25th July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99-£773
20231.00-£791
20221.41-£744
20216.01-£240
2020-£15

Derived from filed accounts. Not audited figures.