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Manchester Metalwork Ltd

14979274

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

REDWOOD ENGINEERING UK LTD SNOWDON RD NORTH, LYTHAM ST ANNES, FY8 3DP
Incorporated 04/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Harry Thomas Osborne Lucking

director · Since 04/07/2023

HEAD OF DESIGN AND FABRICATION

ENGLISH · UNITED KINGDOM · Age 26

Also on 1 other board

Persons with Significant Control

Mr Harry Thomas Osborne Lucking

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

English · United Kingdom · Age 26

Redwood Engineering Uk Ltd, Snowdon Rd North, Lytham St Annes, FY8 3DP

Notified 04/07/2023

CompanyRankvs 3690+ SIC 25110 peers
24

Financial strength9th percentile among SIC peers · 2/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity3 years trading (max 15) · 3/15
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.

Employees2/15 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.

Longevity3/15 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 31/07/2025

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£750

Current Liabilities

£10k

Fixed Assets

£1k

0avg. employees

Balance Sheet

Assets less current liabilities-£8k
Prepared with FreeAgent

EstimatesDerived

YearCurrent Ratio
20250.08

Derived from filed accounts. Not audited figures.