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Rikans Ltd

10996631

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

27 RANWORTH CLOSE, BOLTON, BL1 7RL
Incorporated 04/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Chaudhry Muhammad Rizwan

director · Since 04/10/2017

DIRECTOR

CANADIAN · CANADA · Age 52

Mr Adnan Aslam Sahi

director · Since 24/05/2021

CERTIFIED CHARTERED ACCOUNTANT

PAKISTANI · ENGLAND · Age 43

Persons with Significant Control

Mr Chaudhry Muhammad Rizwan

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-trust
significant-influence-or-control-as-trust

Canadian · Canada · Age 52

27, Ranworth Close, Bolton, BL1 7RL

Notified 04/10/2017

CompanyRankvs 44622+ SIC 47910 peers
46

Financial strength9th percentile among SIC peers · 2/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity6/20 pts

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

Longevity9/15 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 31/08/2024

Net Worth

-£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£19k

Current Liabilities

£35k

3avg. employees

Balance Sheet

Assets less current liabilities-£16k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.55-£26k
20231.53+£2k
20221.69+£16k
20210.82-£3k
20200.43-£2k
20190.39

Derived from filed accounts. Not audited figures.