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Rare Earth Medburn Limited

09957847

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

ARMSTRONG CAMPBELL LLP THE GRAINGER SUITE REGENT CENTRE, NEWCASTLE UPON TYNE, NE3 3PF
Incorporated 19/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Armstrong Campbell Accountants Llp

secretary · Since 05/02/2020

Also on 5 other boards

Mrs Linda Payne

director · Since 30/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 10 other boards

Persons with Significant Control

Mr Stephen William Black

Significant control

British · England · Age 44

Armstrong Campbell Llp, The Grainger Suite Regent Centre, Newcastle Upon Tyne, NE3 3PF

Notified 09/10/2019

Mrs Jill Denise Black

Significant control

British · England · Age 43

Armstrong Campbell Llp, The Grainger Suite Regent Centre, Newcastle Upon Tyne, NE3 3PF

Notified 09/10/2019

Former PSCs

Inperpetuity Limited

Ceased 31/01/2019

Mr Ian Michael Mcelroy

Ceased 15/02/2019

Mr Stephen William Black

Ceased 04/10/2019

Mr Anthony Beddard

Ceased 01/01/2021

Charges1 outstanding

Charge
satisfied

ARMSTRONG NATIONWIDE LIMITED

Created 25/03/2019Registered 27/03/2019Satisfied 16/08/2022
Charge
outstanding

ARMSTRONG NATIONWIDE LIMITED

Created 25/03/2019Registered 26/03/2019
Charge
satisfied

TIER ONE CAPITAL LTD

Created 07/09/2018Registered 07/09/2018Satisfied 18/01/2021
Charge
satisfied

TIER ONE CAPITAL LTD

Created 07/09/2018Registered 07/09/2018Satisfied 18/01/2021
Charge
satisfied

TIER ONE CAPITAL LTD (CRN: 07979654) (ACTING AS SECURITY TRUSTEE)

Created 05/07/2016Registered 07/07/2016Satisfied 18/01/2021
Charge
satisfied

VALERIE ANN HUTCHINSON · HUGH CHARLTON THOMPSON

Created 05/07/2016Registered 06/07/2016Satisfied 08/12/2017

CompanyRankvs 5990+ SIC 41202 peers
64

Financial strength95th percentile among SIC peers · 24/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 7.09× · 20/20
Longevity10 years trading (max 15) · 10/15
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.

Employees5/15 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.

Longevity10/15 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

£380k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£3.9M

Working capital

Current Assets

£4.5M

Current Liabilities

£635k

Fixed Assets

£2.2M

Debtors

£3.9M

1avg. employees

Balance Sheet

Assets less current liabilities£6.0M
Signed by Mrs L Payne 31st March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20257.09+£0
20257.09-£210k
20247.49-£1.9M
20238.02+£1.0M
20222.44+£579k
20210.71+£2.0M
20201.21-£663k
20190.10

Derived from filed accounts. Not audited figures.