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Richard Carter Readymix (Iow) Limited

04302893

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

BROADFIELDS FARM PARK CHAPEL LANE, NEWPORT, PO30 3DA
Incorporated 11/10/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

23630
Manufacture of ready-mixed concrete

Officers

Mr John William Smith

director · Since 27/02/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Jmc Ag Limited

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

9 St John's Place, Newport, Isle Of Wight, PO30 1LH

Reg: 02418351 · Companies House · Limited

Notified 27/02/2020

Former PSCs

Mr Richard Ernest Carter

Ceased 27/02/2020

Mr John William Smith

Ceased 03/09/2020

CompanyRankvs 132+ SIC 23630 peers
49

Financial strength9th percentile among SIC peers · 2/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity6/20 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 30/09/2025

Net Worth

-£48k

Balance sheet strength

Cash

£45k

Cash in the bank

Net Current Assets

-£101k

Working capital

Current Assets

£370k

Current Liabilities

£471k

Fixed Assets

£53k

Debtors

£293k

7avg. employees+1

Balance Sheet

Assets less current liabilities-£48k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78+£97k
20240.65-£54k
20230.75-£176k
20221.14+£42k
20211.27+£56k
20201.13

Derived from filed accounts. Not audited figures.