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Retail & Financial Solutions Limited

11309572

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

BELFAST RESTRUCTURING CASES, MANCHESTER, M2 3AE
Incorporated 13/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Terry Joseph Hughes

director · Since 04/05/2022

COMPANY DIRECTOR

IRISH · UNITED KINGDOM · Age 55

Also on 4 other boards

Persons with Significant Control

Jca Ninety Eight Limited

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

Unit 6 Antrimline Business Park, Sentry Lane, Mallusk, BT36 4XX

Reg: Ni682210 · Uk Register Of Companies · Private Limited Company

Notified 04/05/2022

Former PSCs

Mr Paul Thomas Hoy

Ceased 04/05/2022

Mr Terence Joseph Hughes

Ceased 16/05/2022

CompanyRankvs 15+ SIC 82990 peers
19

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity8/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2023

Net Worth

-£823k

Balance sheet strength

Cash

£528

Cash in the bank

Net Current Assets

-£86k

Working capital

Current Assets

£495k

Current Liabilities

£581k

Fixed Assets

£107k

Debtors

£494k

Balance Sheet

Assets less current liabilities£20k
Signed by Mr Terry Hughes 28 August 2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.85-£195k
20220.04-£230k
20210.05-£62k
20200.13-£522k
20190.07—

Derived from filed accounts. Not audited figures.