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Ronney'S Novelty Ltd

10423849

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)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

6 THE PHILLIPERS, WATFORD, WD25 9SP
Incorporated 12/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mrs Bhumika Patel

secretary · Since 12/10/2016

Mr Kevalkumar Patel

director · Since 12/10/2016

SELF EMPLOYED

INDIAN · UNITED KINGDOM · Age 48

CompanyRankvs 34474+ SIC 47910 peers
52

Financial strength10th percentile among SIC peers · 3/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.67× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£15k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£602

Working capital

Current Assets

£2k

Current Liabilities

£900

1avg. employees

Balance Sheet

Assets less current liabilities£602
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.67-£2k
20233.70+£9k
20220.57-£3k
20211.77+£3k
2020-£904
20190.73+£61
20180.03

Derived from filed accounts. Not audited figures.