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Right Space Solutions Ltd

11672685

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O BUSINESSRESCUEEXPERT, DARLINGTON, DL3 7SD
Incorporated 12/11/2018

Compliance

Last accounts

30/11/2021

micro entity

Accounts

Up to date

Confirmation statement

Last: 11/11/2022

Due

On track

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Christian Stephen Downing

director · Since 12/11/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Mr Gedas Rimas

director · Since 12/11/2018

COMPANY DIRECTOR

LITHUANIAN · UNITED KINGDOM · Age 46

Mr Ksaveras Steponavicius

director · Since 12/11/2018

COMPANY DIREKTOR

LITHUANIAN · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Christian Stephen Downing

25–50% shares

British · United Kingdom · Age 53

3 Stanhope House, High Street, Stanford Le Hope, SS17 0HA

Notified 12/11/2018

Mr Gedas Rimas

25–50% shares

Lithuanian · United Kingdom · Age 46

3 Stanhope House, High Street, Stanford Le Hope, SS17 0HA

Notified 12/11/2018

Mr Ksaveras Steponavicius

25–50% shares

Lithuanian · United Kingdom · Age 44

3 Stanhope House, High Street, Stanford Le Hope, SS17 0HA

Notified 12/11/2018

Insolvency History1 case

creditors voluntary liquidation14/12/2023

Christopher David Horner (practitioner)

CompanyRankvs 15+ SIC 41201 peers
33

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.16× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

Liquidity20/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/11/2021

Net Worth

-£34k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£68k

Working capital

Current Assets

£127k

Current Liabilities

£59k

Fixed Assets

£6k

4avg. employees

Balance Sheet

Assets less current liabilities£75k
Signed by Mr Ksaveras Steponavicius Mr Gedas Rimas Mr Christian Downing 27/12/2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20212.16

Derived from filed accounts. Not audited figures.