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Ridgegear Limited

03629645

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

MARLING MILLS, LEEK, ST13 6BB
Incorporated 10/09/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities
82990
Other business support service activities

Officers

Lloyd Marco Repetto

director · Since 31/08/2000

COMPANY DIRECTOR

NEW ZEALANDER · MONACO · Age 56

Also on 45 other boards

Lloyd Marco Repetto

secretary · Since 11/09/2001

COMPANY DIRECTOR

NEW ZEALANDER · MONACO · Age 56

Also on 45 other boards

Mr Richard Guy Ellis

director · Since 17/08/2015

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 4 other boards

Persons with Significant Control

Mr Lloyd Marco Repetto

Appoint directors

New Zealander · Monaco · Age 56

Marling Mills, Leek, ST13 6BB

Notified 10/09/2016

Dr Franco Mario Repetto

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

Monegasque · Monaco · Age 82

23, Boulevard Albert 1er, Monaco-Ville

Notified 01/01/2019

Mrs Brena Ann Repetto

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

Monegasque · Monaco · Age 82

23, Boulevard Albert 1er, Monaco-Ville

Notified 01/01/2019

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 08/12/2019Registered 14/12/2019
charge
satisfied

HSBC BANK PLC

Created 08/11/2010Registered 11/11/2010Satisfied 09/12/2019
charge
satisfied

HSBC BANK PLC

Created 30/09/2003Registered 09/10/2003Satisfied 09/12/2019
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)

Created 30/10/2002Registered 31/10/2002Satisfied 26/05/2017

CompanyRankvs 654+ SIC 74100 peers
65

Financial strength97th percentile among SIC peers · 24/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.75× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees11/15 pts

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

Liquidity20/20 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.

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

activity of the wider group, and the requirement for the parent company to continue to be supported by it's shareholder, uncertainty exists over the parent company's ability to continue as a going concern and whether repayment of the loans will not be requested. This constitutes a material uncertainty which may cast significant doubt over the company's ability to continue as a going concer

Key FinancialsYear ending 31/12/2024

Net Worth

£350k

Balance sheet strength

Cash

£216k

Cash in the bank

Net Current Assets

£5.1M

Working capital

Current Assets

£6.4M

Current Liabilities

£1.4M

Fixed Assets

£116k

Debtors

£4.1M

2avg. employees

Tax at Year End

VAT£72k

Balance Sheet

Assets less current liabilities£5.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20244.75+£0£1.4M
20238.72+£0
20213.45+£0
20204.93

Derived from filed accounts. Not audited figures.