Back to search

Rite Ltd

08067586

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

160 HANWORTH ROAD, HOUNSLOW, TW3 3TR
Incorporated 14/05/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Pram Lal

director · Since 14/05/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 84

Mr Hardip Singh Virdee

director · Since 14/05/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 4 other boards

Mrs Kamla Budhwani Syal

director · Since 24/05/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 1 other board

Persons with Significant Control

Mr Hardip Singh Virdee

25–50% shares

British · England · Age 69

160, Hanworth Road, Hounslow, TW3 3TR

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC.

Created 29/01/2019Registered 08/02/2019
Charge
outstanding

LLOYDS BANK PLC

Created 21/12/2018Registered 21/12/2018

CompanyRankvs 91880+ SIC 68209 peers
44

Financial strength89th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
91880Rite Ltd
54
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.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/05/2025

Net Worth

£449k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Fixed Assets

£737k

0avg. employees

Tax at Year End(2024)

Corp tax£8k
Signed by Hardip Singh Virdee

EstimatesDerived

YearCurrent RatioImplied Profit
2025—+£0
2025—+£27k
2024—+£27k
20231.07+£1k
20224.75-£6k
2021—+£3k
2020—+£22k
2019—+£31k

Derived from filed accounts. Not audited figures.