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Rite Care Ltd

12517098

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)
  • Going concern doubt noted in accounts (-10)

Details

CHASE HOUSE NURSING & RESIDENTIAL CARE HOME, ARLESEY, SG15 6YA
Incorporated 13/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
87300
Residential care activities for the elderly and disabled

Officers

Dr Nahed Hammadieh

director · Since 13/03/2020

CLINICAL DIRECTOR OF IVF, REPRODUCTIVE M

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mrs Dareen Ghanema

secretary · Since 24/09/2021

Persons with Significant Control

Dr Nahed Hammadieh

50–75% shares
50–75% votes
Appoint directors

British · England · Age 65

Chase House Nursing & Residential Care Home, House Lane, Arlesey, SG15 6YA

Notified 13/03/2020

Mrs Dareen Ghanema

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

Chase House Nursing & Residential Care Home, House Lane, Arlesey, SG15 6YA

Notified 13/03/2020

CompanyRankvs 31651+ SIC 68100 peers
50

Financial strength86th percentile among SIC peers · 22/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees15/15 pts

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

Liquidity2/20 pts

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

Longevity6/15 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

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/05/2025

Turnover

£3.4M

Annual revenue

Net Worth

£124k

Balance sheet strength

Cash

£515k

Cash in the bank

Profit Before Tax

£121k

Bottom line earnings

Net Current Assets

-£8.8M

Working capital

Current Assets

£758k

Current Liabilities

£9.6M

Fixed Assets

£9.0M

Debtors

£237k

Cost of Sales

£2.7M

Gross Profit

£761k

Admin Expenses

£640k

Operating Profit

£121k

Profit After Tax

£62k

79avg. employees

Tax at Year End

Corp tax£176k

People Costs

Wages & salaries£2.0M
NI contributions£180k

Balance Sheet

Intangible assets£366k
Interest payable£3k
Assets less current liabilities£143k
Signed by Dr Nahed Hammadieh 23/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08+£0
20250.08
20240.02
20230.05+£156k
20220.07
20210.08

Derived from filed accounts. Not audited figures.