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Rivertrace Limited

10059284

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

30-34 NORTH STREET, HAILSHAM, BN27 1DW
Incorporated 12/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation

Officers

Michael Coomber

director · Since 12/03/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Mr Martin Darren Saunders

director · Since 01/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Andrew John Hansen

director · Since 01/09/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Michael Coomber

25–50% shares

British · United Kingdom · Age 61

30-34, North Street, Hailsham, BN27 1DW

Notified 06/04/2016

Mr Nicholas Peter James Falla

75–100% shares
75–100% votes

British · Jersey · Age 66

30-34, North Street, Hailsham, BN27 1DW

Notified 30/06/2023

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 27/10/2022Registered 31/10/2022

CompanyRankvs 259+ SIC 26511 peers
68

Financial strength93th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.95× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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90
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90
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90
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90
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90
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90
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259Rivertrace Limited
74
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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 30/11/2024

Net Worth

£3.2M

Balance sheet strength

Cash

£188k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£3.2M

Current Liabilities

£1.6M

Fixed Assets

£3.1M

Debtors

£1.8M

35avg. employees+1

Tax at Year End(2021)

Dividends paid£105k

Balance Sheet

Assets less current liabilities£4.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.95+£311k
20232.05+£201k
20222.32—
20214.10—
20193.58+£719k
20181.84—

Derived from filed accounts. Not audited figures.