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Ridgeway Furniture Manufacturing Limited

04521137

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

21A CHARTMOOR ROAD, LEIGHTON BUZZARD, LU7 4WG
Incorporated 29/08/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Mark Cutler

secretary · Since 29/08/2002

MANUFACTURING

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Mr Mark Cutler

director · Since 29/08/2002

MANUFACTURING

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Mr David John Watson

director · Since 25/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mr Mark Cutler

75–100% shares

British · England · Age 52

21a Chartmoor Road, Leighton Buzzard, LU7 4WG

Notified 20/08/2016

Charges2 outstanding

Charge
outstanding

FUNDING CIRCLE LIMITED

Created 22/11/2024Registered 25/11/2024
Charge
satisfied

ABN AMRO ASSET BASED FINANCE N.V.

Created 25/08/2021Registered 26/08/2021Satisfied 31/03/2025
Charge
outstanding

HSBC UK BANK PLC

Created 23/04/2020Registered 01/05/2020
Charge
satisfied

ABN AMRO COMMERCIAL FINANCE PLC

Created 07/05/2013Registered 07/05/2013Satisfied 31/03/2025
charge
satisfied

HSBC BANK PLC

Created 03/12/2012Registered 05/12/2012Satisfied 16/10/2014
charge
satisfied

LEGAL & GENERAL PROPERTY PARTNERS (INDUSTRIAL FUND) LIMITED AND LEGAL & GENERAL PROPERTY PARTNE

Created 30/07/2012Registered 03/08/2012Satisfied 31/03/2025
charge
satisfied

INDUSTRIAL PROPERTY INVESTMENT FUND

Created 21/12/2007Registered 03/01/2008Satisfied 31/03/2025

CompanyRankvs 77+ SIC 31090 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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77Ridgeway Furniture Manufacturing Limited
88
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.

Employees14/15 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.

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 30/06/2025

Net Worth

£845k

Balance sheet strength

Cash

£493k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.9M

Current Liabilities

£873k

Fixed Assets

£152k

Debtors

£867k

25avg. employees

Tax at Year End

Corp tax£266k

Director Loans

Company owes directors£179k

Balance Sheet

Assets less current liabilities£1.2M
Signed by Mr M Cutler 26 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.22+£0
20252.22+£9k
20241.93+£126k
20232.22+£90k
20221.98+£22k
20212.38—

Derived from filed accounts. Not audited figures.