Ringsite Limited
04066049
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/09/2025
DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 4 other boards
director · Since 08/09/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 31
Also on 7 other boards
Persons with Significant Control
Needham Commercial Insurance Services Limited
18 Arbury Road, Nuneaton, CV10 7NA
Reg: 06456189 · England And Wales · Limited
Notified 06/04/2016
Charges1 outstanding
MICHAEL NEEDHAM
LLOYDS TSB BANK PLC
CompanyRankvs 860+ SIC 66220 peers68
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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
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
they relate. Page 4 continued... Ringsite Limited (Registered number: 04066049) Notes to the Financial Statements - continued for the Year Ended 31 December 2024 2. ACCOUNTING POLICIES - continued Going concern The directors assess whether the use of going concern is appropriate, i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on
Key FinancialsYear ending 31/12/2024
Net Worth
£548k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
£518k
Working capital
Current Assets
£726k
Current Liabilities
£208k
Fixed Assets
£52k
Debtors
£724k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.50 | +£353k |
| 2023 | 2.38 | +£149k |
| 2022 | 1.59 | -£53k |
| 2021 | 2.56 | +£15k |
| 2020 | 3.50 | +£77k |
| 2018 | 1.11 | — |
Derived from filed accounts. Not audited figures.