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Ricor Trade Holdings Limited

05851260

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

ARROW WORKS, BIRMINGHAM ROAD, WEST MIDLANDS, B80 7AS
Incorporated 20/06/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mrs Carolyn Clare Kearney

director · Since 04/12/2025

BRITISH · ENGLAND · Age 43

Also on 6 other boards

Mr Michael Robert Flewitt

director · Since 11/05/2026

BRITISH · ENGLAND · Age 64

Also on 8 other boards

Persons with Significant Control

Ricor International Limited

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

Arrow Works, Birmingham Road, Studley, B80 7AS

Reg: 05983295 · England & Wales · Private Limited Company

Notified 20/04/2018

Former PSCs

Ricor Group Limited

Ceased 20/04/2018

Mr David R Johanson

Ceased 06/02/2025

Charges8 outstanding

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CompanyRankvs 4289+ SIC 70100 peers
49

Financial strength77th percentile among SIC peers · 19/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength19/25 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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operatio

Key FinancialsYear ending 31/03/2022

Net Worth

£664k

Balance sheet strength

Cash

£498

Cash in the bank

Profit Before Tax

-£52k

Bottom line earnings

Net Current Assets

-£1.5M

Working capital

Current Assets

£5.3M

Current Liabilities

£6.8M

Admin Expenses

£52k

Operating Profit

-£52k

Profit After Tax

-£52k

6avg. employees

Tax at Year End(2021)

Dividends paid-£2.3M

Balance Sheet

Assets less current liabilities£664k
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20220.78-£52k
20210.79

Derived from filed accounts. Not audited figures.