Riddingtons Cis & Payroll Solutions Uk Ltd
10179530
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/05/2016
ACCOUNTANT
BRITISH · ENGLAND · Age 52
Also on 11 other boards
director · Since 15/09/2016
ACCOUNTANT
BRITISH · ENGLAND · Age 37
Also on 2 other boards
Persons with Significant Control
Techsys Holdings Limited
The Old Barn, Wood Street, Swanley, BR8 7PA
Reg: 13716632 · Companies House Uk · Limited Company
Notified 13/07/2022
Former PSCs
Mr Michael Tony Kayes
Ceased 13/07/2022
Charges2 outstanding
RBS INVOICE FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 5378+ SIC 43999 peers56
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/05/2024
Turnover
£170.1M
Annual revenue
Net Worth
£834k
Balance sheet strength
Cash
£4.3M
Cash in the bank
Profit Before Tax
£695k
Bottom line earnings
Net Current Assets
£832k
Working capital
Current Assets
£10.5M
Current Liabilities
£9.7M
Fixed Assets
£16k
Debtors
£6.2M
Cost of Sales
£168.6M
Gross Profit
£1.5M
Admin Expenses
£902k
Operating Profit
£613k
Profit After Tax
£500k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.09 |
Derived from filed accounts. Not audited figures.