Back to search

The Red Bus Cartridge Company Limited

10339411

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

MARSH LANE, BOSTON, PE21 7TX
Incorporated 22/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr John William Studholme

director · Since 22/08/2016

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 83

Also on 8 other boards

Mrs Tammy Nicola Studholme

director · Since 22/08/2016

GENERAL MANAGER

BRITISH · ENGLAND · Age 58

Also on 6 other boards

Persons with Significant Control

Mr John William Studholme

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 83

Marsh Lane, Riverside Industrial Estate, Boston, PE21 7TX

Notified 22/08/2016

Mrs Tammy Nicola Studholme

Appoint directors

British · England · Age 58

Marsh Lane, Riverside Industrial Estate, Boston, PE21 7TX

Notified 22/08/2016

CompanyRankvs 35887+ SIC 47910 peers
37

Financial strength47th percentile among SIC peers · 12/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1E.Russum & Sons,Limited
90
2A.Oppenheimer & Co. Limited
90
3West End (Stationers) Limited
90
4Osmond Group Limited
90
5Taylor Of Old Bond Street Ltd
90
6Cloham Limited
90
7Kernowcraft Rocks And Gems Limited
90
8Life Source Supplements Limited
90
9Windward Marine Limited
90
10Pavers Limited
90
35887The Red Bus Cartridge Company Limited
46
How is this score calculated?
Financial strength12/25 pts

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

Employees8/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the financial statements, which is not qualified, we have considered the adequacy of the disclosure made in the notes to the financial statements concerning the company's ability to continue as a going concern. The company is dependent upon the continued support from its parent company not to require repayment of loans and trade debts until such repayments can be funded from trading cash flows. Wr

Key FinancialsYear ending 31/12/2021

Net Worth

£100

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£655k

Working capital

Current Assets

£12k

Current Liabilities

£668k

Debtors

£10k

1avg. employees

Balance Sheet

Assets less current liabilities-£655k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20210.02

Derived from filed accounts. Not audited figures.