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Richard Ward Associates Ltd

02747059

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

SUITE 1, FIRST FLOOR,, LONDON, W1W 6AN
Incorporated 14/09/1992

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 19/08/2025

Due 02/09/2026

On track

Industry

96020
Hairdressing and other beauty treatment

Officers

Hellen Ruth Ward

secretary · Since 27/04/1994

British

Hellen Ruth Ward

director · Since 15/10/1992

British

Richard Kevin Ward

director · Since 15/10/1992

British

Former

Jpcors Limited

corporate nominee secretary · Resigned 15/10/1992

Shaws Secretaries Limited

corporate secretary · Resigned 27/04/1994

Jpcord Limited

corporate nominee director · Resigned 15/10/1992

CompanyRankvs 100+ SIC 96020 peers
90

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.63× · 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 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.

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 30/09/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£2.2M

Current Liabilities

£825k

Fixed Assets

£343

Debtors

£171k

78avg. employees-1

Tax at Year End

Corp tax£153k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20242.63+£399k
20232.07+£596k
20211.56

Derived from filed accounts. Not audited figures.