Back to search

Radiance Ventures Limited

04917597

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

10 CHURCH HILL, COLCHESTER, CO5 7EB
Incorporated 01/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
70229
Management consultancy activities
84110
General public administration activities

Officers

Oyindamola Abiodun Oyelese

secretary · Since 01/10/2003

BRITISH

Mr Ezekiel Adebayo Oyelese

director · Since 01/10/2003

LOCAL GOVERNMENT OFFICER

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Ezekiel Adebayo Oyelese

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

British · England · Age 63

10, Church Hill, Colchester, CO5 7EB

Notified 06/04/2016

CompanyRankvs 3233+ SIC 47240 peers
35

Financial strength5th percentile among SIC peers · 1/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio -1.23× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1J.Hall & Son(Bakers)Limited
90
2Crusty Cob Shop Limited(The)
90
3Keylex Limited
90
4Pme Cake Limited
90
5The Sweet Patch Limited
90
6Mb Cafes Limited
90
7Churncote Farm Shop Limited
90
8Halletts The Bakers Ltd
90
9Hazelbank Stores Limited
90
10Wilton Patisserie Limited
90
3233Radiance Ventures Limited
35
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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 01/12/2024

Net Worth

-£69k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

-£38k

Current Liabilities

£31k

0avg. employees

Balance Sheet

Assets less current liabilities-£69k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024-1.23+£0
2023-1.23+£0
2022-1.23+£0
2021-1.23+£0
2020-1.23+£0
2019-1.23+£0

Derived from filed accounts. Not audited figures.