Research & Development Systems Limited
03484624
Healthy
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
30/12/2025
micro entity
Next accounts due
23/09/2027
Confirmation statement
Last: 11/01/2026
Due 25/01/2027
Industry
Officers
Former
corporate nominee director · Resigned 09/02/1998
corporate nominee secretary · Resigned 09/02/1998
secretary · Resigned 21/12/2001
director · Resigned 14/12/2002
secretary · Resigned 14/12/2002
secretary · Resigned 20/10/2004
director · Resigned 20/10/2004
director · Resigned 03/07/2019
secretary · Resigned 03/07/2019
director · Resigned 03/07/2019
director · Resigned 16/01/2026
Persons with Significant Control
Mr David Severs Lambert
British · United Kingdom
Notified 22/12/2016
Charges1 outstanding
TIME INVOICE FINANCE LIMITED
Change History
Active
Private Limited Company
UNIT 7
NEWCASTLE UPON TYNE
CompanyRankvs 12816+ SIC 74100 peers47
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/12/2025
Net Worth
£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£80k
Working capital
Current Assets
£40k
Current Liabilities
£121k
Fixed Assets
£110k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.34 | -£98k |
| 2024 | 1.16 | -£11k |
| 2023 | 1.41 | — |
Derived from filed accounts. Not audited figures.