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Radec Engineering Limited

02015568

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

122 WHINBUSH ROAD, HITCHIN, SG5 1PN
Incorporated 30/04/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Michael Keech

director · Since 22/04/2026

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Eka Group Holdings Limited

75–100% shares

Unit 3 Foundry Place, Old Tiffield Road, Towcester, NN12 6FP

Reg: 01567156 · England And Wales · Limited Company

Notified 22/04/2026

Former PSCs

Mrs Inger Margrete Lovseth

Ceased 05/07/2024

Mr Torbjorn Lovseth

Ceased 05/07/2024

Novella (Kg) Limited

Ceased 22/04/2026

Azide Limited

Ceased 22/04/2026

CompanyRankvs 3696+ SIC 70100 peers
67

Financial strength59th percentile among SIC peers · 15/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.89× · 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 strength15/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 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

£55k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£52k

Working capital

Current Assets

£65k

Current Liabilities

£13k

Fixed Assets

£3k

Debtors

£60k

0avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20244.89

Derived from filed accounts. Not audited figures.