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Ringshield Limited

03854315

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

7 REDBRIDGE LANE EAST, ILFORD, IG4 5ET
Incorporated 06/10/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Miss Panna Unadkat

secretary · Since 25/10/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 5 other boards

Miss Panna Unadkat

director · Since 25/10/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 5 other boards

Persons with Significant Control

Miss Panna Unadkat

25–50% shares

British · England · Age 72

7 Redbridge Lane East, Ilford, IG4 5ET

Notified 06/10/2016

Charges4 outstanding

charge
outstanding

OLEOLAND HOTEL COMPANY LIMITED

Created 06/07/2001Registered 10/07/2001
charge
outstanding

OLEOLAND HOTEL COMPANY LIMITED

Created 01/06/2001Registered 05/06/2001
charge
outstanding

OLEOLAND HOTEL CO. LIMITED

Created 08/11/2000Registered 15/11/2000
charge
outstanding

OLEOLAND HOTEL COMPANY LIMITED

Created 17/03/2000Registered 20/03/2000

CompanyRankvs 45041+ SIC 68209 peers
59

Financial strength95th percentile among SIC peers · 24/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees9/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£214k

Cash in the bank

Net Current Assets

-£145k

Working capital

Current Assets

£215k

Current Liabilities

£360k

Fixed Assets

£1.8M

Debtors

£736

1avg. employees

Tax at Year End(2023)

Corp tax£7k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.60+£28k
20230.52+£27k
20220.44-£7k
20210.39+£14k
20200.38+£22k
2019+£72k

Derived from filed accounts. Not audited figures.