D. R. Richards Limited
01200806
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/01/1991
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 82
Also on 1 other board
director · Since 22/09/1993
COMPANY SECRETARY
BRITISH · UNITED KINGDOM · Age 72
Also on 1 other board
Persons with Significant Control
Mr David Rhys Richards
British · Wales · Age 82
17 Alexandra Rd, Swansea, SA4 2NW
Notified 24/01/2017
Mrs Vivienne Richards
British · Wales · Age 72
17 Alexandra Rd, Swansea, SA4 2NW
Notified 24/01/2019
Charges2 outstanding
HSBC BANK PLC
HSBC BANK PLC
CompanyRankvs 157+ SIC 47220 peers72
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£307k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£276k
Working capital
Current Assets
£316k
Current Liabilities
£41k
Fixed Assets
£34k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 7.79 | +£11k |
| 2024 | 5.77 | +£21k |
| 2023 | 5.78 | -£3k |
| 2022 | 5.38 | +£14k |
| 2021 | 4.25 | +£55k |
| 2020 | 4.84 | -£4k |
| 2019 | 5.92 | +£26k |
| 2017 | 15.30 | — |
Derived from filed accounts. Not audited figures.