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Ray Palfrey & Sons Ltd

06309329

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 KNOWLE COTTAGE KNOWLE, CREDITON, EX17 5BU
Incorporated 11/07/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures
33120
Repair of machinery

Officers

Karen Ann Palfrey

secretary · Since 11/07/2007

BRITISH

Mr Kevin Stafford Palfrey

director · Since 11/07/2007

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Terence Charles Palfrey

director · Since 11/07/2007

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Mrs Karen Palfrey

director · Since 25/05/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Persons with Significant Control

Mr Kevin Stafford Palfrey

25–50% shares

British · United Kingdom · Age 60

2, Nymet Hayes, Crediton, EX17 6HJ

Notified 11/07/2016

CompanyRankvs 2513+ SIC 25110 peers
47

Financial strength11th percentile among SIC peers · 3/25
Employees55th percentile among SIC peers · 8/15
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 strength3/25 pts

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

Employees8/15 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 30/09/2025

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£36k

Current Liabilities

£39k

Fixed Assets

£2k

3avg. employees

Balance Sheet

Assets less current liabilities-£2k
Signed by Mr Terry Palfrey 21/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91+£5k
20240.82+£2k
20230.77+£11k
20220.62-£15k
20210.85

Derived from filed accounts. Not audited figures.