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Ritec Automation Limited

04596773

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

43-45 BROAD STREET, CANNOCK, WS11 0DA
Incorporated 21/11/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Dareth Alan Ingry

director · Since 25/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Patrick Mclaughlin

director · Since 25/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Patrick Mclaughlin

25–50% shares

British · England · Age 55

43-45 Broad Street, Bridgtown, Cannock, WS11 0DA

Notified 25/06/2016

Mr Dareth Alan Ingry

25–50% shares

British · England · Age 54

43-45 Broad Street, Bridgtown, Cannock, WS11 0DA

Notified 25/06/2016

CompanyRankvs 910+ SIC 74909 peers
87

Financial strength90th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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910Ritec Automation Limited
87
How is this score calculated?
Financial strength23/25 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.

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

£182k

Balance sheet strength

Cash

£143k

Cash in the bank

Net Current Assets

£162k

Working capital

Current Assets

£299k

Current Liabilities

£137k

Fixed Assets

£53k

Debtors

£155k

7avg. employees+1

Tax at Year End(2022)

Dividends paid£12k

Balance Sheet

Intangible assets£3k
Assets less current liabilities£215k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.19+£16k
20242.41+£15k
20232.60+£8k
20222.53+£3k
20213.87+£2k
20202.93+£6k
20193.59—

Derived from filed accounts. Not audited figures.