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Rye Street Bishops Stortford Ltd

02712853

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

105 HIGH STREET, WORCESTER, WR1 2HW
Incorporated 07/05/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Paul Christopher Hawkes

director · Since 30/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 13 other boards

Mr Richard Kenneth Steer

director · Since 30/08/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 91 other boards

Persons with Significant Control

Macduffy (Holdings) Ltd

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

105, High Street, Worcester, WR1 2HW

Reg: 10321743 · Companies House · Private Company Limited By Shares

Notified 10/08/2016

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/08/2006Registered 16/08/2006
charge
satisfied

BARCLAYS BANK PLC

Created 06/08/2005Registered 16/08/2005Satisfied 19/09/2007
charge
satisfied

BARCLAYS BANK PLC

Created 06/05/2004Registered 12/05/2004Satisfied 19/09/2007
charge
outstanding

IM PROPERTIES (NATIONWIDE) LIMITED

Created 22/06/2001Registered 29/06/2001
charge
satisfied

BARCLAYS BANK PLC

Created 12/03/2001Registered 16/03/2001Satisfied 19/09/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/06/1992Registered 02/07/1992Satisfied 22/12/2001

CompanyRankvs 2226+ SIC 45200 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera

Key FinancialsYear ending 31/05/2024

Turnover

£6.0M

Annual revenue

Net Worth

£1.2M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Profit Before Tax

£255k

Bottom line earnings

Net Current Assets

£1.1M

Working capital

Current Assets

£3.1M

Current Liabilities

£2.0M

Fixed Assets

£122k

Debtors

£1.8M

Cost of Sales

£4.7M

Gross Profit

£1.3M

Admin Expenses

£1.1M

Operating Profit

£250k

Profit After Tax

£187k

158avg. employees+62

Tax at Year End

Corp tax£71k
Dividends paid£1.3M

People Costs

Wages & salaries£864k
NI contributions£627k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.56+£187k
20231.54+£213k
20221.38-£395k
20211.50-£32k
20201.75

Derived from filed accounts. Not audited figures.