Radio Works Limited
03171591
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 14/06/2026
Due 28/06/2027
Industry
Officers
director · Since 12/03/1996
ADVERTISING
BRITISH · ENGLAND · Age 62
Also on 3 other boards
secretary · Since 10/09/2014
director · Since 12/02/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 1 other board
secretary · Since 10/09/2014
Former
corporate nominee secretary · Resigned 12/03/1996
corporate nominee director · Resigned 12/03/1996
secretary · Resigned 10/09/2014
director · Resigned 31/12/2015
director · Resigned 31/12/2015
director · Resigned 31/12/2015
director · Resigned 31/03/2023
Persons with Significant Control
Radio Works Trust Company Limited
Devonshire House, 60 Goswell Road, London, EC1M 7AD
Reg: 12972640 · England And Wales · Limited By Shares
Notified 12/02/2021
Former PSCs
Mr Michael Charnley-Heaton
Ceased 12/02/2021
Charges1 outstanding
COLIN MERVYN WATSON
Change History
Active
Private Limited Company
33 BROADWICK STREET
LONDON
CompanyRankvs 2245+ SIC 73110 peers55
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£11k
Balance sheet strength
Cash
£1.4M
Cash in the bank
Net Current Assets
£380k
Working capital
Current Assets
£8.4M
Current Liabilities
£8.0M
Fixed Assets
£72k
Debtors
£7.1M
Cost of Sales
£38.9M
Admin Expenses
£2.7M
Profit After Tax
£957k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.05 | -£752k |
| 2023 | 1.11 | — |
Derived from filed accounts. Not audited figures.