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Radamec Control Systems Limited

02071196

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

25 ST THOMAS STREET, WINCHESTER, SO23 9HJ
Incorporated 05/11/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mrs Gillian Passey

secretary · Since 01/10/2020

Also on 2 other boards

Mrs Gillian Passey

director · Since 01/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Mr Ian Christopher Passey

director · Since 01/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Ipera Coatings Limited

75–100% shares
75–100% votes
Appoint directors

25 St Thomas Street, Winchester, SO23 9HJ

Reg: 04277759 · Companies House · Limited Company

Notified 01/10/2020

Former PSCs

Radamec Limited

Ceased 01/10/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/10/2020Registered 09/10/2020
charge
satisfied

FORTIS BANK SA-NV

Created 08/08/2000Registered 12/08/2000Satisfied 23/10/2008
charge
satisfied

MIDLAND BANK PLC

Created 03/11/1995Registered 09/11/1995Satisfied 21/08/2002
charge
satisfied

STANDARD CHARTERED BANK

Created 20/01/1992Registered 31/01/1992Satisfied 22/12/1995
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/05/1987Registered 01/06/1987Satisfied 31/01/1992

CompanyRankvs 204+ SIC 27900 peers
73

Financial strength84th percentile among SIC peers · 21/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.23× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 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.

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 30/04/2025

Net Worth

£810k

Balance sheet strength

Cash

£426k

Cash in the bank

Net Current Assets

£795k

Working capital

Current Assets

£1.2M

Current Liabilities

£356k

Fixed Assets

£16k

Debtors

£391k

7avg. employees-1

Tax at Year End

Corp tax£34k

Balance Sheet

Intangible assets£4k
Assets less current liabilities£811k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.23-£104k
20244.01+£157k
20233.82+£212k
20224.01+£174k
20213.83-£205k
20199.30-£57k
20182.92

Derived from filed accounts. Not audited figures.