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Right On The Line Limited

04044730

active
ltd
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

The Regent, Chapel Street, Penzance, TR18 4AE
Incorporated 01/08/2000

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 01/08/2025

Due 15/08/2026

On track

Industry

70229
Management consultancy activities

Officers

Mr Michael Barry Adams

director · Since 02/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 4 other boards

Michael Barry Adams

director · Since 02/10/2020

British · United Kingdom · Age 58

Former

Dmcs Directors Limited

corporate nominee director · Resigned 01/08/2000

Dmcs Secretaries Limited

corporate nominee secretary · Resigned 05/08/2000

Adams Company Services Limited

corporate secretary · Resigned 21/01/2011

Venetia Ann Rowland

director · Resigned 06/04/2017

Steven Rowland

director · Resigned 06/04/2017

Michael Barry Adams

director · Resigned 01/10/2020

Lewis William David Adams

director · Resigned 05/04/2022

Addition Corporate Services Limited

corporate secretary · Resigned 30/09/2022

Persons with Significant Control

The Addition Group Limited

75–100% shares
75–100% votes

The Regent, Chapel Street, Penzance, TR18 4AE

Reg: 10461469 · Companies House · Limited Company

Notified 06/04/2017

Mr Michael Adams

Appoint directors

British · United Kingdom · Age 58

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

Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 24/02/2025Registered 24/02/2025
Charge
satisfied

MARKETINVOICE LIMITED

Created 20/08/2019Registered 20/08/2019Satisfied 26/02/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 09/09/2017Registered 19/09/2017Satisfied 26/02/2025

Change History

status → active
2026-07-14

Active

type → ltd
2026-07-14

Private Limited Company

address line1 → The Regent
2026-07-14

THE REGENT

post town → Penzance
2026-07-14

PENZANCE

CompanyRankvs 10261+ SIC 70229 peers
68

Financial strength82th percentile among SIC peers · 21/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.01× · 12/20
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 strength21/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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 30/09/2025

Net Worth

£52k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.1M

Fixed Assets

£60k

Debtors

£1.1M

15avg. employees-7

Tax at Year End

Corp tax£19k
VAT£40k

Director Loans

Directors owe company£16k

Balance Sheet

Assets less current liabilities£72k
Signed by Michael Adams 30/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.01+£41k£802k
20240.98-£408k—
20231.33——

Derived from filed accounts. Not audited figures.