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David Richards Practice Limited

08448431

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ARROWSMITH COURT, BROADSTONE, BH18 8AT
Incorporated 18/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74902
Quantity surveying activities

Officers

Mr David Andrew Richards

director · Since 18/03/2013

CHARTERED SURVEYORS

BRITISH · UNITED KINGDOM · Age 59

Mr Stuart Flaxton

director · Since 02/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Mr Ian James Higgs

director · Since 02/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Persons with Significant Control

Bondco 777 Limited

75–100% shares
75–100% votes
Appoint directors

13 Brightlands Avenue, Bournemouth, BH6 4HG

Reg: 08932372 · England · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

DAVID ANDREW RICHARDS · ADELE MARIE RICHARDS · JAMES DUTTON

Created 02/10/2024Registered 03/10/2024

CompanyRankvs 122+ SIC 74902 peers
76

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.07× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

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.

Longevity13/15 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

£218k

Balance sheet strength

Cash

£161k

Cash in the bank

Net Current Assets

£214k

Working capital

Current Assets

£284k

Current Liabilities

£70k

Fixed Assets

£6k

Debtors

£123k

6avg. employees

Balance Sheet

Assets less current liabilities£220k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.07-£83k
20232.68+£79k
20221.97+£49k
20212.88+£41k
20202.93+£6k
20192.17

Derived from filed accounts. Not audited figures.