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Bridgend Rads Ltd

12194956

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 5 6 MILLERS AVENUE, BRIDGEND, CF32 9TD
Incorporated 09/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles
43999
Specialised construction activities

Officers

Mr Aled Llewellyn

director · Since 09/09/2019

MECHANICAL ENGINEER

WELSH · WALES · Age 41

Mr Philip John Lock

director · Since 09/09/2019

MECHANICAL ENGINEER

WELSH · UNITED KINGDOM · Age 49

Persons with Significant Control

Mr Aled Llewellyn

25–50% shares
25–50% votes

Welsh · Wales · Age 41

Unit 5, 6 Millers Avenue, Bridgend, CF32 9TD

Notified 09/09/2019

Mr Philip John Lock

25–50% shares
25–50% votes

Welsh · United Kingdom · Age 49

96 Ffordd Cadfan, 96 Ffordd Cadfan, Bridgend, CF31 2DQ

Notified 09/09/2019

CompanyRankvs 819+ SIC 29320 peers
53

Financial strength62th percentile among SIC peers · 16/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees9/15 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.

Longevity7/15 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 30/09/2025

Net Worth

£7k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£21k

Current Liabilities

£31k

Fixed Assets

£70k

2avg. employees

Balance Sheet

Assets less current liabilities£66k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.68
20241.22
20230.94

Derived from filed accounts. Not audited figures.