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Ricor Limited

04161766

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 9 outstanding charges (-10)

Details

ARROW WORKS, STUDLEY, B80 7AS
Incorporated 16/02/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mrs Carolyn Clare Kearney

director · Since 04/12/2025

BRITISH · ENGLAND · Age 43

Also on 6 other boards

Mr Michael Robert Flewitt

director · Since 11/05/2026

BRITISH · ENGLAND · Age 64

Also on 8 other boards

Persons with Significant Control

Ricor Trade Holdings Limited

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

Arrow Works, Birmingham Road, Studley, B80 7AS

Reg: 05851260 · England & Wales · Private Limited Company

Notified 20/04/2018

Former PSCs

Ricor Group Limited

Ceased 20/04/2018

Mr David R Johanson

Ceased 06/02/2025

Charges9 outstanding

Charge
outstanding

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satisfied

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satisfied

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CompanyRankvs 7310+ SIC 25990 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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731Ricor Limited
82
How is this score calculated?
Financial strength25/25 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

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

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera

Key FinancialsYear ending 31/03/2025

Turnover

£17.9M

Annual revenue

Net Worth

£5.1M

Balance sheet strength

Cash

£226k

Cash in the bank

Profit Before Tax

-£2.2M

Bottom line earnings

Net Current Assets

£3.3M

Working capital

Current Assets

£22.9M

Current Liabilities

£19.6M

Fixed Assets

£1.9M

Debtors

£21.4M

Cost of Sales

£18.7M

Gross Profit

-£778k

Admin Expenses

£2.0M

Operating Profit

-£2.1M

Profit After Tax

-£2.2M

127avg. employees-97

Tax at Year End(2022)

Corp tax£49k

People Costs

Wages & salaries£4.1M
NI contributions£385k

Balance Sheet

Bank loans & overdrafts£956k
Assets less current liabilities£5.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.17-£2.2M
20241.17-£1.4M
20231.23-£6.7M
20221.51-£4.3M
20211.71—

Derived from filed accounts. Not audited figures.