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Rainband Irrigation Uk Ltd

13088518

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)

Details

6 GALTON DRIVE, SHREWSBURY, SY2 5UT
Incorporated 17/12/2020

Compliance

Last accounts

31/12/2023

micro entity

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 10/12/2025

Due 24/12/2026

On track

Industry

36000
Water collection, treatment and supply

Officers

Mr David Allen

director · Since 17/12/2020

MANAGER

BRITISH · UNITED KINGDOM · Age 68

Also on 1 other board

Mr William Allen

director · Since 17/12/2020

MANAGER

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Persons with Significant Control

Mr William Allen

25–50% shares
25–50% votes

British · United Kingdom · Age 40

6, Galton Drive, Shrewsbury, SY2 5UT

Notified 17/12/2020

Mr David Allen

25–50% shares
25–50% votes

British · United Kingdom · Age 68

6, Galton Drive, Shrewsbury, SY2 5UT

Notified 17/12/2020

CompanyRankvs 961+ SIC 36000 peers
34

Financial strength8th percentile among SIC peers · 2/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 pts

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

Liquidity2/20 pts

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

Longevity6/15 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 31/12/2023

Net Worth

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£7k

Current Liabilities

£25k

Fixed Assets

£5k

2avg. employees

Balance Sheet

Assets less current liabilities-£14k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20230.26-£38k
20220.41+£6k
20212.87

Derived from filed accounts. Not audited figures.