Gas Rite (North Devon) Ltd
07609658
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/04/2011
GAS ENGINEER
BRITISH · UNITED KINGDOM · Age 65
Also on 1 other board
director · Since 01/09/2017
GAS ENGINEER
BRITISH · UNITED KINGDOM · Age 36
Also on 1 other board
Persons with Significant Control
Mr Andrew Chappell
British · United Kingdom · Age 65
Slariens, 31 Old Bideford Road, Barnstaple, EX31 2DE
Notified 19/04/2017
CompanyRankvs 978+ SIC 43220 peers85
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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.
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
£89k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£94k
Working capital
Current Assets
£131k
Current Liabilities
£41k
Fixed Assets
£73k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.23 | -£29k |
| 2024 | 4.93 | -£91k |
| 2023 | 5.40 | — |
Derived from filed accounts. Not audited figures.