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Rad Training (Midland) Ltd

04069274

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 7 WILLOW COURT, CRYSTAL DRIVE, B66 1RD
Incorporated 11/09/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mr Peter George Price

secretary · Since 24/09/2002

DIRECTOR

ENGLISH · ENGLAND · Age 54

Also on 3 other boards

Mr Peter George Price

director · Since 24/09/2002

DIRECTOR

ENGLISH · ENGLAND · Age 54

Also on 3 other boards

Miss Melissa Price

secretary · Since 01/09/2008

OFFICE MANAGER

OTHER · Age 41

Persons with Significant Control

Mr Peter George Price

75–100% shares
75–100% votes

English · England · Age 54

Unit 7 Willow Court, Crystal Drive, B66 1RD

Notified 06/04/2016

Former PSCs

Mr Raymond George Price

Ceased 25/04/2019

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 19/01/2015Registered 20/01/2015Satisfied 12/12/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 03/06/2013Registered 05/06/2013Satisfied 12/12/2025

CompanyRankvs 757+ SIC 85590 peers
85

Financial strength94th percentile among SIC peers · 24/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.87× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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757Rad Training (Midland) Ltd
85
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.

Employees11/15 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

£154k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£21k

Current Liabilities

£7k

Fixed Assets

£140k

Debtors

£6k

2avg. employees

Tax at Year End(2024)

Corp tax£2k
VAT£4k

People Costs(2017)

Wages & salaries£50k

Balance Sheet

Intangible assets£32k
Assets less current liabilities£154k
Signed by Mr Peter Price 15/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.87-£5k—
20242.17+£3k£82k
20232.06-£2k£40k
20222.40+£3k£56k
20212.67+£9k£53k
20202.25+£16k£75k
20191.98+£14k£40k
20173.24—£94k

Derived from filed accounts. Not audited figures.