Rights Lets Shred Limited
06030017
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Joshua Isaac Nelson
British · England · Age 32
Unit 17, Cornwall Road Industrial Estate, Smethwick, B66 2JS
Notified 10/08/2021
Former PSCs
Mr Dennis George Nelson
Ceased 10/05/2021
CompanyRankvs 1147+ SIC 38210 peers36
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2025
Net Worth
-£91k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£81k
Working capital
Current Assets
£2k
Current Liabilities
£83k
Fixed Assets
£30k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.02 | -£14k |
| 2024 | 0.08 | +£175 |
| 2023 | 0.11 | -£10k |
| 2022 | 0.18 | -£23k |
| 2021 | 0.24 | — |
Derived from filed accounts. Not audited figures.