Ridgeway Auto Services Limited
02060093
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael Westover
British · England · Age 55
2a-3a, Market Gate, Pershore, WR10 1DZ
Notified 06/04/2016
Charges1 outstanding
MIDLAND BANK PLC
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CompanyRankvs 74660+ SIC 96090 peers28
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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
-£3k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£16k
Working capital
Current Assets
£17k
Current Liabilities
£40k
Fixed Assets
£13k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.42 | +£8k |
| 2023 | 0.36 | +£10k |
| 2022 | 0.28 | +£2k |
| 2021 | 0.20 | -£16k |
| 2020 | 0.60 | +£5k |
| 2019 | 0.38 | +£5k |
| 2018 | 0.27 | -£2k |
| 2017 | 0.32 | — |
Derived from filed accounts. Not audited figures.