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Roylemac 10 Ltd

08915875

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

27 KING STREET, OLDHAM, OL3 5DH
Incorporated 27/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Lee Joseph Royle

director · Since 27/02/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 4 other boards

Mr Michael Kieran Mcquade

director · Since 20/03/2014

COMPANY DIRECTOR

IRISH · NORTHERN IRELAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Lee Joseph Royle

25–50% shares
25–50% votes

British · England · Age 55

27 King Street, Delph, Oldham, OL3 5DH

Notified 20/02/2017

Mr Michael Kieran Mcquade

25–50% shares
25–50% votes

Irish · Northern Ireland · Age 37

27 King Street, Delph, Oldham, OL3 5DH

Notified 20/02/2017

CompanyRankvs 4147+ SIC 66220 peers
46

Financial strength3th percentile among SIC peers · 1/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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.

Longevity12/15 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 28/02/2025

Net Worth

-£72k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

-£63k

Working capital

Current Assets

£102k

Current Liabilities

£165k

Fixed Assets

£3k

Debtors

£52k

5avg. employees

Tax at Year End

Corp tax£144k

Director Loans(2020)

Company owes directors£18k

Balance Sheet

Assets less current liabilities-£61k
Signed by Mr Michael McQuade 12 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.62+£0
20250.62-£82k
20241.13
20231.30
20221.66
20212.16
20202.35+£22k
20190.06

Derived from filed accounts. Not audited figures.