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The Ring Workshop Limited

03485025

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

NO 4, OSWESTRY, SY11 2EG
Incorporated 23/12/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mrs Abigail Louise Francis-Jones

director · Since 23/12/1997

TEACHER

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mrs Abigail Louise Francis-Jones

right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 52

No 4, Smithfield Street, Oswestry, SY11 2EG

Notified 19/12/2016

Mr Mark Charles Francis-Jones

25–50% shares
25–50% votes

British · England · Age 56

No 4, Smithfield Street, Oswestry, SY11 2EG

Notified 01/01/2022

CompanyRankvs 482+ SIC 47770 peers
83

Financial strength94th percentile among SIC peers · 24/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.76× · 16/20
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 strength24/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/12/2025

Net Worth

£500k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£69k

Working capital

Current Assets

£160k

Current Liabilities

£91k

Fixed Assets

£432k

5avg. employees

Balance Sheet

Assets less current liabilities£501k
Signed by Mrs Abigail Francis-Jones 25/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.76+£0
20251.76+£36k
20241.52+£21k
20231.34+£8k
20227.27

Derived from filed accounts. Not audited figures.