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A Riddel And Sons Scrap Metal And Skip Hire Limited

03938795

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

HEMINGBY LANE, HORNCASTLE, LN9 5PN
Incorporated 03/03/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services

Officers

Mr Andrew Glenn Riddel

director · Since 03/03/2000

RECYCLER

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Persons with Significant Control

Mr Andrew Glenn Riddel

75–100% shares
75–100% votes
Appoint directors

British · England · Age 58

Home Field Farm, Hemingby Lane, Horncastle, LN9 5PN

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

DAVID JOHN FRAVIGAR

Created 01/03/2013Registered 05/03/2013
charge
outstanding

BARCLAYS BANK PLC

Created 11/03/2010Registered 13/03/2010
charge
outstanding

BARCLAYS BANK PLC

Created 20/07/2009Registered 28/07/2009

CompanyRankvs 26+ SIC 39000 peers
78

Financial strength95th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.49× · 20/20
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.

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/03/2024

Net Worth

£2.0M

Balance sheet strength

Cash

£511

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.0M

Current Liabilities

£796k

Fixed Assets

£1.8M

Debtors

£2.0M

18avg. employees

Balance Sheet

Bank loans & overdrafts£256k
Assets less current liabilities£3.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.49+£53k
20231.95+£329k
20222.02+£192k
20211.84+£138k
20201.74-£16k
20191.33

Derived from filed accounts. Not audited figures.