The Firmwatch take
Smith & Rhodes Ltd is a 12-year-old metals and machinery manufacturing, active on the Companies House register. The latest filed accounts (year to 31 May 2025) show £913 in net assets, with 2 cautionary signals worth monitoring. Most recent public risk event: first gazette notice.
Auto-generated from filings·Refreshed 24 May 2026
1 public risk event on file
Pulse · Net assets, 2024–2025
↘ £8kIncorporated
24 April 2014
12 years on the register
Sector
Fabricated metal products manufacturing
SIC 25110 · matched to division
Size
Not classified
Net assets
£913
£913
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
44/100
elevated risk
Estimated public-data value
£685 - £1,233
medium confidence - net asset range
Sector comparison
Sector: Metals and Machinery Manufacturing
Sample: 9,141 companies
Negative net assets: 12.4%
- Net assets vs sector median
- -£20,946
- Working capital vs sector median
- -£25,828
- Sector median current ratio
- 1.51
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£9,965
Current liabilities
Amounts due within one year (short-term creditors).
£10,399
Working capital
Current assets minus current liabilities.
-£434
Fixed assets
Long-term tangible and intangible assets.
Not disclosed
Total assets less current liabilities
Fixed assets plus working capital.
£3,478
Net assets
What's left after liabilities are deducted from assets.
£913
Equity (capital & reserves)
Shareholder funds.
£100
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.