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Rite Tile Uk Limited

08708863

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

SUITE 3.07, TELFORD, TF2 9TW
Incorporated 27/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43330
Floor and wall covering

Officers

Mr Ian Billingham

director · Since 27/09/2013

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Mr Martin Stuart Billingham

director · Since 27/09/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 2 other boards

Persons with Significant Control

Mr Ian Billingham

25–50% shares
25–50% votes
Significant control

British · England · Age 57

Suite 3.07, Grosvenor House, Telford, TF2 9TW

Notified 27/09/2016

Mr Martin Stuart Billingham

25–50% shares
25–50% votes

British · England · Age 36

Suite 3.07, Grosvenor House, Telford, TF2 9TW

Notified 27/09/2017

CompanyRankvs 426+ SIC 43330 peers
84

Financial strength91th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.02× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 30/12/2024

Net Worth

£221k

Balance sheet strength

Cash

£93k

Cash in the bank

Net Current Assets

£208k

Working capital

Current Assets

£312k

Current Liabilities

£103k

Fixed Assets

£19k

Debtors

£219k

4avg. employees

Balance Sheet

Assets less current liabilities£227k
Signed by Mr Martin Billingham Mr Ian Billingham 20/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.02-£284k
20233.69+£79k
20223.49-£14k
20213.84+£159k
20204.07+£66k
20192.19+£158k
20181.13

Derived from filed accounts. Not audited figures.