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Ridan Composting Limited

06881057

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

SANSOUCI, BRAUNTON, EX33 2EF
Incorporated 20/04/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Daniel John Welburn

director · Since 20/04/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 1 other board

Laura Welburn

director · Since 30/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Daniel John Welburn

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 64

Sansouci, Ash Road, Braunton, EX33 2EF

Notified 01/07/2016

Laura Welburn

25–50% shares
25–50% votes

British · United Kingdom · Age 43

Sansouci, Ash Road, Braunton, EX33 2EF

Notified 30/09/2022

Former PSCs

Mr Richard Gedge

Ceased 30/09/2022

CompanyRankvs 554+ SIC 28990 peers
75

Financial strength70th percentile among SIC peers · 18/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.5× · 20/20
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 strength18/25 pts

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

Employees7/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£320k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£307k

Working capital

Current Assets

£430k

Current Liabilities

£123k

Fixed Assets

£15k

2avg. employees

Balance Sheet

Assets less current liabilities£322k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20253.50+£80k
20243.06+£61k
20234.36

Derived from filed accounts. Not audited figures.