Right On The Line Limited
04044730
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/10/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 4 other boards
Persons with Significant Control
The Addition Group Limited
The Regent, Chapel Street, Penzance, TR18 4AE
Reg: 10461469 · Companies House · Limited Company
Notified 06/04/2017
Mr Michael Adams
British · United Kingdom · Age 57
The Regent, Chapel Street, Penzance, TR18 4AE
Notified 02/10/2020
Former PSCs
Mr Steven Rowland
Ceased 06/04/2017
Mrs Venetia Ann Rowland
Ceased 06/04/2017
Mr Michael Barry Adams
Ceased 01/10/2020
Mr Lewis Adams
Ceased 05/04/2022
Charges1 outstanding
TIME INVOICE FINANCE LIMITED
MARKETINVOICE LIMITED
BARCLAYS BANK PLC
CompanyRankvs 51503+ SIC 70229 peers57
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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 30/09/2024
Net Worth
£10k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£22k
Working capital
Current Assets
£1.2M
Current Liabilities
£1.2M
Fixed Assets
£72k
Debtors
£1.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.98 | -£408k |
| 2023 | 1.33 | +£20k |
| 2022 | 1.33 | -£58k |
| 2021 | 1.43 | -£215k |
| 2020 | 1.48 | +£1.6M |
| 2019 | -1.83 | -£2.0M |
| 2018 | 2.15 | — |
Derived from filed accounts. Not audited figures.