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Ruabon Sales Limited

06464193

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

MAIN OFFICE, HAFOD TILERIES HAFOD ROAD, WREXHAM, LL14 6ET
Incorporated 04/01/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr John Shearer Paton

director · Since 04/01/2008

COY DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 14 other boards

Mr William Barrow

director · Since 05/10/2021

ACCOUNTANT

BRITISH · ENGLAND · Age 70

Persons with Significant Control

Mr John Shearer Paton

75–100% shares

British · England · Age 79

Main Office,, Hafod Tileries Hafod Road, Wrexham, LL14 6ET

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

KAREN GLADMAN · DAVID GLADMAN · GLADMAN DEVELOPMENTS LIMITED

Created 20/10/2017Registered 23/10/2017
charge
satisfied

HSBC BANK PLC

Created 06/07/2010Registered 08/07/2010Satisfied 11/05/2019
charge
satisfied

HSBC BANK PLC

Created 15/06/2010Registered 17/06/2010Satisfied 12/10/2023
charge
outstanding

JOHN PATON

Created 29/04/2010Registered 07/05/2010

CompanyRankvs 891+ SIC 46900 peers
76

Financial strength93th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.82× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/12/2023

Net Worth

£1.0M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£181k

Working capital

Current Assets

£245k

Current Liabilities

£64k

Fixed Assets

£2.0M

6avg. employees-2

Balance Sheet

Assets less current liabilities£2.2M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20233.82+£7k
20224.81+£2k
20212.11+£30k
20202.76+£711k
20183.84

Derived from filed accounts. Not audited figures.