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Ritmeester Cigars Uk Limited

05992529

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNITS B & C SANDAL HOUSE, RICHMOND, TW10 6SD
Incorporated 08/11/2006

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

12000
Manufacture of tobacco products

Officers

Mr Martin Pala

director · Since 25/05/2016

DIRECTOR

CZECH · SWITZERLAND · Age 49

Persons with Significant Control

Former PSCs

Burger Holding Ag

Ceased 01/07/2019

Charges1 outstanding

charge
satisfied

HSBC BANK PLC

Created 24/05/2012Registered 26/05/2012Satisfied 16/02/2013
charge
outstanding

LUFF DEVELOPMENTS LIMITED

Created 01/07/2011Registered 12/07/2011

CompanyRankvs 15+ SIC 12000 peers
69

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.32× · 20/20
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 strength24/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£21.0M

Annual revenue

Net Worth

£6.2M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

£6.2M

Working capital

Current Assets

£8.8M

Current Liabilities

£2.7M

Fixed Assets

£42k

Debtors

£3.9M

Cost of Sales

£16.8M

Gross Profit

£4.1M

Admin Expenses

£2.3M

Operating Profit

£1.6M

Profit After Tax

£1.2M

16avg. employees+3

Tax at Year End(2022)

Corp tax£135k

People Costs

Wages & salaries£788k
NI contributions£106k

Balance Sheet

Assets less current liabilities£6.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20243.32+£1.2M
20232.90+£1.2M
20222.55+£945k
20212.23+£1.5M
20201.71+£1.4M
20191.40+£139k
20182.55

Derived from filed accounts. Not audited figures.