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Riteway Plumbing And Heating Services Limited

02946394

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 3 SHORADE INDUSTRIAL ESTATE, CANNOCK, WS11 0DH
Incorporated 07/07/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Marc Leslie Bailey

director · Since 24/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Thomas John Cowell

director · Since 24/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 1 other board

Ms Emma Jayne Yapp

director · Since 24/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Persons with Significant Control

Mr Thomas John Cowell

25–50% shares
25–50% votes

British · United Kingdom · Age 37

Unit 3 Shorade Industrial Estate, Cannock, WS11 0DH

Notified 24/01/2023

Mr Marc Leslie Bailey

25–50% shares
25–50% votes

British · England · Age 39

Unit 3 Shorade Industrial Estate, Cannock, WS11 0DH

Notified 24/01/2023

Former PSCs

Mr Peter Adrian Mills

Ceased 06/04/2016

Mrs Jeanette Elaine Mills

Ceased 24/01/2023

CompanyRankvs 2645+ SIC 43220 peers
78

Financial strength87th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.08× · 12/20
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 strength22/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

£84k

Balance sheet strength

Cash

£292k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£701k

Current Liabilities

£650k

Fixed Assets

£44k

Debtors

£394k

Profit After Tax

£101k

8avg. employees

Tax at Year End

Dividends paid£253k

Balance Sheet

Assets less current liabilities£95k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.08+£0
20251.08-£152k
20241.35+£39k
20231.33-£31k
20221.70-£133k
20211.92-£63k
20202.80+£18k
20191.80

Derived from filed accounts. Not audited figures.