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Richards Distributions Ltd

12312311

active
ltd
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

Greensleeves, Peniel, Carmarthen, SA32 7DJ
Incorporated 13/11/2019

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

29/08/2026

On track

Confirmation statement

Last: 04/06/2026

Due 18/06/2027

On track

Industry

46750
Wholesale of chemical products

Officers

Mr Geoff Richards

director · Since 13/11/2019

COMPANY DIRECTOR

WELSH · WALES · Age 51

Also on 4 other boards

Geoff Richards

director · Since 13/11/2019

Welsh · Wales · Age 51

Persons with Significant Control

Mr Geoff Richards

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

Welsh · Wales · Age 51

Greensleeves, Peniel, Carmarthen, SA32 7DJ

Notified 13/11/2019

Charges1 outstanding

Charge
outstanding

UPSTREAM WORKING CAPITAL LTD

Created 11/12/2019Registered 11/12/2019

Change History

statusactive
2026-07-16

Active

typeltd
2026-07-16

Private Limited Company

address line1Greensleeves
2026-07-16

GREENSLEEVES

post townCarmarthen
2026-07-16

CARMARTHEN

CompanyRankvs 570+ SIC 46750 peers
55

Financial strength72th percentile among SIC peers · 18/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/11/2024

Net Worth

£81k

Balance sheet strength

Cash

£51k

Cash in the bank

Net Current Assets

£77k

Working capital

Current Assets

£517k

Current Liabilities

£440k

Fixed Assets

£11k

Debtors

£411k

6avg. employees

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities£88k
Signed by 12312311 2023-12-01 2024-11-30 12312311 2024-11-30 12312311 bus: 1 1 2024-11-30 12312311 bus:OrdinaryShareClass1 2024-11Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.17+£61
20231.22

Derived from filed accounts. Not audited figures.