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Radiator Worx Limited

08280447

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 5, BLAYDON-ON-TYNE, NE21 5TR
Incorporated 05/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Richard James Burns

director · Since 05/11/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr Christopher Andrew Burn

director · Since 01/11/2013

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Christopher Andrew Burn

25–50% shares

British · United Kingdom · Age 57

Unit 5, Toll Bridge Road, Blaydon-On-Tyne, NE21 5TR

Notified 01/07/2016

Mr Richard James Burns

25–50% shares

British · United Kingdom · Age 60

Unit 5, Toll Bridge Road, Blaydon-On-Tyne, NE21 5TR

Notified 01/07/2016

CompanyRankvs 22924+ SIC 43999 peers
57

Financial strength32th percentile among SIC peers · 8/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.86× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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22924Radiator Worx Limited
52
How is this score calculated?
Financial strength8/25 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.

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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£127

Balance sheet strength

Cash

£107k

Cash in the bank

Net Current Assets

-£60k

Working capital

Current Assets

£376k

Current Liabilities

£436k

Fixed Assets

£116k

Debtors

£89k

13avg. employees-3

Tax at Year End

Corp tax-£11

Balance Sheet

Assets less current liabilities£56k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent Ratio
20240.86
20231.19

Derived from filed accounts. Not audited figures.