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Ryecorn Ltd

06517518

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

BAILEY GROUND HOTEL, SEASCALE, CA20 1NP
Incorporated 28/02/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mrs Kathleen Mary Mawson

secretary · Since 06/04/2008

RETIRED

BRITISH · ENGLAND · Age 80

Also on 9 other boards

Mr Richard Myles Mawson

director · Since 06/04/2008

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mr Stephen John Mawson

director · Since 06/04/2008

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mrs Kathleen Mary Mawson

director · Since 01/12/2014

FARMER

BRITISH · ENGLAND · Age 80

Also on 9 other boards

Mr Kenneth Myles Mawson

director · Since 01/12/2014

FARMER

BRITISH · ENGLAND · Age 85

Also on 2 other boards

Persons with Significant Control

Mr Richard Myles Mawson

Significant control

British · England · Age 48

Dalmar House, Barras Lane Estate, Carlisle, CA5 7NY

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

ATOM BANK PLC

Created 21/12/2022Registered 22/12/2022
Charge
outstanding

ATOM BANK PLC

Created 02/06/2021Registered 11/06/2021
Charge
outstanding

ATOM BANK PLC

Created 02/06/2021Registered 11/06/2021
Charge
satisfied

LLOYDS BANK PLC

Created 29/06/2017Registered 12/07/2017Satisfied 15/12/2022
Charge
satisfied

LLOYDS BANK PLC

Created 21/05/2014Registered 06/06/2014Satisfied 15/12/2022
Charge
satisfied

LLOYDS BANK PLC

Created 15/05/2014Registered 24/05/2014Satisfied 15/12/2022

CompanyRankvs 1769+ SIC 55100 peers
62

Financial strength87th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1769Ryecorn Ltd
68
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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.

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 31/03/2024

Net Worth

£792k

Balance sheet strength

Cash

£227k

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£383k

Current Liabilities

£422k

Fixed Assets

£2.4M

Debtors

£117k

62avg. employees+1

Balance Sheet

Bank loans & overdrafts£1.5M
Assets less current liabilities£2.4M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.91-£23k
20230.96+£45k
20222.77+£320k
20211.60+£33k
20200.68—

Derived from filed accounts. Not audited figures.