Riaar Plastics Limited
06428381
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2024
unaudited abridged
Next accounts due
30/09/2026
Confirmation statement
Last: 16/11/2025
Due 30/11/2026
Industry
Officers
director · Since 15/11/2007
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 5 other boards
Persons with Significant Control
Mr Jasdeep Singh Riaar
British · England · Age 31
Black Lake Works, Black Lake, West Bromwich, B70 0PD
Notified 06/04/2016
Mr Inderdeep Singh Riaar
British · England · Age 67
Black Lake Works, Black Lake, West Bromwich, B70 0PD
Notified 06/04/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
LLOYDS BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LTD
ABSOLUTE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC
Change History
Active
Private Limited Company
BLACK LAKE WORKS
WEST BROMWICH
CompanyRankvs 213+ SIC 22290 peers75
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£1.8M
Balance sheet strength
Cash
£570k
Cash in the bank
Net Current Assets
£1.6M
Working capital
Current Assets
£2.0M
Current Liabilities
£388k
Fixed Assets
£275k
Debtors
£1.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.08 | +£67k |
| 2023 | 3.84 | — |
Derived from filed accounts. Not audited figures.