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Richards Light Engineering Ltd

04829366

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 15, BARNFIELD BUSINESS, NELSON, BB9 0HT
Incorporated 11/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Andrew Richards

director · Since 01/08/2003

ENGINEER

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Andrew Richards

75–100% shares

British · England · Age 61

Unit 15, Barnfield Business, Nelson, BB9 0HT

Notified 11/07/2016

CompanyRankvs 2811+ SIC 25990 peers
67

Financial strength59th percentile among SIC peers · 15/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.87× · 16/20
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 strength15/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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 31/07/2025

Net Worth

£85k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£64k

Working capital

Current Assets

£136k

Current Liabilities

£72k

Fixed Assets

£27k

2avg. employees-1

Balance Sheet

Assets less current liabilities£91k
Signed by 04829366 2024-08-01 2025-07-31 04829366 2025-07-31 04829366 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.87-£36k
20241.93+£11k
20231.81-£6k
20221.94-£26k
20212.60

Derived from filed accounts. Not audited figures.