Research & Development Systems Limited
03484624
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/12/2024
micro entity
Next accounts due
23/09/2026
Confirmation statement
Last: 11/01/2026
Due 25/01/2027
Industry
Officers
director · Since 09/02/1998
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 73
director · Since 16/01/2026
BRITISH · UNITED KINGDOM · Age 67
Also on 4 other boards
Persons with Significant Control
Mr David Severs Lambert
British · United Kingdom · Age 73
4, Kirkharle Cottages, Newcastle Upon Tyne, NE19 2PF
Notified 22/12/2016
Charges1 outstanding
TIME INVOICE FINANCE LIMITED
CompanyRankvs 2598+ SIC 74100 peers66
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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 30/12/2024
Net Worth
£101k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£13k
Working capital
Current Assets
£89k
Current Liabilities
£77k
Fixed Assets
£89k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.16 | -£11k |
| 2023 | 1.41 | -£6k |
| 2022 | 1.55 | +£3k |
| 2021 | 1.87 | +£7k |
| 2020 | 1.07 | +£5k |
| 2019 | 0.86 | -£16k |
| 2018 | 1.10 | — |
Derived from filed accounts. Not audited figures.