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Radius Shipping Limited

05174064

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

UPPER FLOORS, ASHFORD, TN23 1JH
Incorporated 08/07/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities
96090
Other personal service activities

Officers

Mr Russell Eley

director · Since 08/07/2004

EXPORT PACKER

BRITISH · ENGLAND · Age 56

Matthew Eley

director · Since 24/07/2004

DESIGNER

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Persons with Significant Control

Mr Matthew Eley

25–50% shares
25–50% votes

British · England · Age 54

Canada House, First Floor, 20/20 Business Park, ME16 0LS

Notified 06/04/2016

Mr Russell Eley

25–50% shares
25–50% votes

British · United Kingdom · Age 56

Canada House, First Floor, 20/20 Business Park, ME16 0LS

Notified 06/04/2016

CompanyRankvs 102531+ SIC 82990 peers
44

Financial strength7th percentile among SIC peers · 2/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio -986.84× · 2/20
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.

Employees10/15 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 31/05/2024

Net Worth

-£26k

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

£56k

Working capital

Current Assets

£56k

Current Liabilities

-£57

Fixed Assets

£55k

Debtors

£15k

2avg. employees-2

Tax at Year End(2022)

Corp tax£7k
VAT£15k

Director Loans(2022)

Company owes directors£86k

Balance Sheet

Assets less current liabilities£111k
Signed by Mr Russell Eley 05/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
2024986.84——
20230.50——
20220.68+£22k£301k
20210.81—£301k

Derived from filed accounts. Not audited figures.