Resource Accounting Limited
03204294
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/08/2005
DIRECTOR
BRITISH · UNITED KINGDOM · Age 73
Also on 1 other board
Persons with Significant Control
Mr Richard Lockhart Armitage
British · United Kingdom · Age 73
83, The Roman Way, Glastonbury, BA6 8AD
Notified 06/04/2016
Former PSCs
Mrs Mary Beth Armitage
Ceased 30/09/2022
CompanyRankvs 1431+ SIC 70100 peers77
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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.
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
£638k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£413k
Working capital
Current Assets
£336k
Current Liabilities
£62k
Fixed Assets
£225k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.42 | +£156k |
| 2023 | 3.68 | +£119k |
| 2022 | 1.46 | +£119k |
| 2021 | 1.38 | +£83 |
| 2020 | 1.50 | +£16k |
| 2019 | 1.07 | -£12k |
| 2018 | 0.81 | — |
Derived from filed accounts. Not audited figures.