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Garfield Richards Engineering Co. Limited

05457856

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

19 FAIRFAX CRESCENT, PORTHCAWL, CF36 3EN
Incorporated 20/05/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33200
Installation of industrial machinery and equipment

Officers

Mr Philip William Richards

director · Since 20/05/2005

HEATING ENGINEER

BRITISH · WALES · Age 79

Also on 1 other board

Mrs Wendy Elizabeth Richards

director · Since 01/10/2009

SECRETARY

BRITISH · WALES · Age 77

Persons with Significant Control

Mr Philip William Richards

50–75% shares

British · Wales · Age 79

19, Fairfax Crescent, Porthcawl, CF36 3EN

Notified 01/07/2016

CompanyRankvs 2562+ SIC 33200 peers
53

Financial strength41th percentile among SIC peers · 10/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.91× · 6/20
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 strength10/25 pts

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

Employees7/15 pts

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

Liquidity6/20 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

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£91k

Current Liabilities

£101k

Fixed Assets

£16k

2avg. employees
Signed by 05457856 2024-07-01 2025-06-30 05457856 2025-06-30 05457856 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91+£0
20250.91+£28k
20240.71-£44k
20231.02-£2k
20221.11+£13k
20211.31-£31k
20201.54+£35k
20190.92+£5k
20180.80

Derived from filed accounts. Not audited figures.