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Rase Steels Construction And Civils Limited

09388478

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

RASE STEELS GALLAMORE INDUSTRIAL ESTATE, MARKET RASEN, LN8 3HA
Incorporated 14/01/2015

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/01/2026

Due 28/01/2027

On track

Industry

42990
Construction of other civil engineering projects

Officers

Mr James Boulton

director · Since 14/01/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Mr Matthew Boulton

director · Since 14/01/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Mr Rowland Charles Boulton

director · Since 14/01/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 2 other boards

Christopher Jackson

director · Since 26/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Persons with Significant Control

Mr Rowland Charles Boulton

Significant control

British · United Kingdom · Age 76

Rase Steels, Gallamore Industrial Estate, Market Rasen, LN8 3HA

Notified 06/04/2016

Mr Matthew Boulton

Significant control

British · United Kingdom · Age 50

Rase Steels, Gallamore Industrial Estate, Market Rasen, LN8 3HA

Notified 06/04/2016

Mr James Boulton

Significant control

British · United Kingdom · Age 40

Rase Steels, Gallamore Industrial Estate, Market Rasen, LN8 3HA

Notified 06/04/2016

Rase Steel Holdings Limited

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

Rase Steels Gallamore Industrial Estate, Gallamore Lane, Market Rasen, LN8 3HA

Reg: 16079394 · Companies House · Private Limited Company

Notified 01/01/2025

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 21/08/2019Registered 23/08/2019
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 31/05/2018Registered 31/05/2018
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 22/05/2015Registered 26/05/2015Satisfied 17/08/2018
Charge
outstanding

HSBC BANK PLC

Created 19/03/2015Registered 19/03/2015

CompanyRankvs 1640+ SIC 42990 peers
71

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.8× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 pts

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

Longevity11/15 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 31/12/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£638k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£2.6M

Current Liabilities

£1.4M

Fixed Assets

£1.7M

Debtors

£1.7M

45avg. employees

Balance Sheet

Intangible assets£92k
Bank loans & overdrafts£151k
Assets less current liabilities£2.8M
Signed by 09388478 2024-01-01 2024-12-31 09388478 2024-12-31 09388478 bus:OrdinaryShareClass1 2024-12-31 09388478 core:RetainedEarPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.80+£262k
20231.74+£549k
20221.28+£542k
20211.13+£382k
20200.95+£130k
20190.84+£6k
20180.88

Derived from filed accounts. Not audited figures.