Rad Additive Limited
09737372
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/08/2015
SOFTWARE CONSULTANT
BRITISH · ENGLAND · Age 74
Also on 2 other boards
Persons with Significant Control
Mr Robert Luigi Urry
British · England · Age 74
121, Albert Street, Fleet, GU51 3SR
Notified 18/05/2021
Former PSCs
Mrs Kathleen Ann Urry
Ceased 18/05/2021
CompanyRankvs 104487+ SIC 62020 peers29
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2025
Net Worth
-£36k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£39k
Working capital
Current Assets
£2k
Current Liabilities
£40k
Fixed Assets
£3k
Tax at Year End(2021)
Director Loans(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.04 | +£0 | — |
| 2025 | 0.04 | -£7k | — |
| 2024 | 0.08 | -£6k | — |
| 2023 | 0.07 | -£9k | — |
| 2022 | 0.14 | -£8k | — |
| 2021 | 0.26 | -£1k | £2k |
| 2020 | 0.30 | -£3k | — |
| 2019 | 0.51 | -£4k | — |
| 2018 | 1.22 | — | — |
Derived from filed accounts. Not audited figures.