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Refrigeration Airconditioning Catering Services Limited

02227560

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

UNIT 1, BENSON WAY, MORRISTON, SWANSEA, SA6 8RD
Incorporated 07/03/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Stephen John Gibb

director · Since 23/07/2018

SALES MANAGER

WELSH · WALES · Age 52

Mrs Joanne Margaret Lewis

director · Since 23/07/2018

ACCOUNTS MANAGER

WELSH · WALES · Age 49

Also on 1 other board

Mrs Joanne Margaret Lewis

secretary · Since 31/05/2025

Also on 1 other board

Persons with Significant Control

Stephen John Gibb

25–50% shares
25–50% votes

Welsh · United Kingdom · Age 52

Unit 1 Benson Way, Swansea Enterprise Park, Swansea, SA6 8RD

Notified 31/03/2025

Joanne Margaret Lewis

25–50% shares
25–50% votes

Welsh · United Kingdom · Age 49

Unit 1 Benson Way, Swansea Enterprise Park, Swansea, SA6 8RD

Notified 31/03/2025

Former PSCs

Mr John Gibb

Ceased 31/03/2025

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/10/1988Registered 03/11/1988

CompanyRankvs 4852+ SIC 43290 peers
58

Financial strength94th percentile among SIC peers · 24/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.4× · 12/20
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 strength24/25 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.

Liquidity12/20 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 31/05/2025

Net Worth

£386k

Balance sheet strength

Cash

£699k

Cash in the bank

Net Current Assets

£295k

Working capital

Current Assets

£1.0M

Current Liabilities

£728k

Fixed Assets

£118k

Debtors

£247k

0avg. employees-16

Tax at Year End

Corp tax£139k

Balance Sheet

Assets less current liabilities£413k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.40-£517k
20242.37+£70k
20232.28+£117k
20221.99+£189k
20212.19+£45k
20202.10-£24k
20191.94

Derived from filed accounts. Not audited figures.