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Raicon Properties Limited

00596368

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

30-32 GILDREDGE ROAD, EASTBOURNE, BN21 4SH
Incorporated 01/01/1958

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Peter Edwin Newbury

director · Since 11/10/1991

RETIRED

BRITISH · UNITED KINGDOM · Age 84

Mark Edwin Ian Newbury

director · Since 08/07/2008

DIRECTOR

BRITISH · Age 64

Eileen Cronin

secretary · Since 07/07/2009

OTHER

Persons with Significant Control

Mr Mark Edwin Ian Newbury

ownership-of-shares-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-trust
right-to-appoint-and-remove-directors-as-trust
significant-influence-or-control-as-trust

British · Spain · Age 64

Buzon 353, Avenida De La Pla 116-4, Javea, 03730

Notified 06/04/2016

Mr Peter Edwin Newbury

voting-rights-25-to-50-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

British · United Kingdom · Age 84

19 Churchill Close, Eastbourne, BN20 8AJ

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

RADIO CONVERSIONS LTD.

Created 14/01/1963Registered 25/01/1963

CompanyRankvs 10044+ SIC 82990 peers
79

Financial strength62th percentile among SIC peers · 16/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 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.

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.

Longevity15/15 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 31/12/2024

Net Worth

£8k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£32k

Current Liabilities

£7k

Fixed Assets

£821k

Debtors

£11k

3avg. employees

Balance Sheet

Assets less current liabilities£847k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.60+£0
20233.34+£0
20222.58+£0
20214.00+£0
20196.29

Derived from filed accounts. Not audited figures.