Richard Western Limited
01296660
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 30/03/2026
Due 13/04/2027
Industry
Officers
secretary · Since 23/08/2019
Former
secretary · Resigned 30/03/2017
secretary · Resigned 31/05/2018
director · Resigned 31/07/2019
Persons with Significant Control
Mr Richard Western
English · England · Age 82
D'Urbans Farm, Woodbridge, IP13 9RP
Notified 30/03/2017
Mr Angus James Western
English · United Kingdom · Age 55
D'Urbans Farm, Woodbridge, IP13 9RP
Notified 30/03/2017
Former PSCs
Mr Richard Western
Ceased 11/05/2018
Mr Angus James Western
Ceased 11/05/2018
Charges3 outstanding
CLOSE INVOICE FINANCE LIMITED
HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")
HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)
HSBC BANK PLC
RICHARD WESTERN
ALEX LAWRIE RECEIVABLES FINANCING LIMITED
LLOYDS BOWMAKER LIMITED
LLOYDS BANK PLC
BARCLAYS BANK PLC
HIGHLAND LEASING LIMITED
BARCLAYS BANK PLC
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
D'URBANS FARM
WOODBRIDGE
CompanyRankvs 30+ SIC 29202 peers62
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£2.0M
Balance sheet strength
Cash
£88k
Cash in the bank
Profit Before Tax
-£453k
Bottom line earnings
Net Current Assets
£1.0M
Working capital
Current Assets
£2.5M
Current Liabilities
£1.5M
Fixed Assets
£2.2M
Debtors
£964k
Cost of Sales
£6.5M
Admin Expenses
£1.6M
Profit After Tax
-£345k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.70 | -£345k |
| 2023 | 1.84 | +£332k |
| 2023 | 1.36 | -£128k |
| 2022 | 1.30 | +£222k |
| 2021 | 1.40 | — |
Derived from filed accounts. Not audited figures.