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Rail Asset Development Ltd

11299696

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

105-107 ELMERS END ROAD, BECKENHAM, BR3 4SY
Incorporated 09/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Stephen Paul King

director · Since 09/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 57

Mrs Elizabeth Ann King

director · Since 23/03/2026

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Heigham Ltd

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

105-107 Elmers End Road, Beckenham, BR3 4SY

Reg: 16325185 · England And Wales · Private Limited Company

Notified 19/05/2025

Former PSCs

Mr Stephen Paul King

Ceased 19/05/2025

Charges0 outstanding

Charge
satisfied

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CompanyRankvs 3703+ SIC 71129 peers
76

Financial strength96th percentile among SIC peers · 24/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees13/15 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.

Longevity8/15 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 30/04/2025

Net Worth

£632k

Balance sheet strength

Cash

£125k

Cash in the bank

Net Current Assets

£111k

Working capital

Current Assets

£251k

Current Liabilities

£140k

Fixed Assets

£521k

Debtors

£126k

3avg. employees

Balance Sheet

Assets less current liabilities£632k
Signed by Mr Stephen King 30/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.79+£182k
20240.83+£168k
20231.33+£99k
20221.71+£38k
20214.04
20202.83
20191.96

Derived from filed accounts. Not audited figures.