Royce Chemicals Limited
01407498
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 22/06/1991
BRITISH · ENGLAND · Age 78
Also on 7 other boards
director · Since 22/06/1991
CHEMICAL ENGINEER
BRITISH · ENGLAND · Age 78
Also on 7 other boards
Persons with Significant Control
Mr David Reginald Phillips
British · England · Age 78
Phoenix Mills, Long Eaton, NG10 2AA
Notified 30/01/2017
Charges3 outstanding
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CompanyRankvs 572+ SIC 20590 peers33
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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 31/12/2024
Net Worth
-£69k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£91k
Working capital
Current Assets
£820
Current Liabilities
£92k
Fixed Assets
£22k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.01 | -£7k |
| 2023 | 0.02 | -£3k |
| 2022 | 0.11 | +£2k |
| 2021 | 0.03 | -£2k |
| 2020 | 0.03 | +£18k |
| 2019 | 0.16 | -£12k |
| 2018 | 0.10 | -£16k |
Derived from filed accounts. Not audited figures.