Ricor North East Limited
12624700
Healthy
- Going concern doubt noted in accounts (-10)
- 7 outstanding charges (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 31/10/2025
Due 14/11/2026
Industry
Officers
director · Since 04/12/2025
BRITISH · ENGLAND · Age 43
Also on 6 other boards
director · Since 11/05/2026
BRITISH · ENGLAND · Age 64
Also on 8 other boards
Former
director · Resigned 29/09/2020
director · Resigned 07/02/2022
secretary · Resigned 07/02/2022
director · Resigned 08/06/2022
director · Resigned 09/05/2025
director · Resigned 09/05/2025
director · Resigned 21/11/2025
director · Resigned 06/05/2026
Persons with Significant Control
Ricor Global Limited
Arrow Works, Birmingham Road, Studley, B80 7AS
Reg: 11236905 · Companies House · Private Company Limited By Shares
Notified 29/09/2020
Former PSCs
Shoosmiths Nominees Limited
Ceased 29/09/2020
Charges7 outstanding
TRINITY DC GP LIMITED (SECURITY AGENT)
HSBC INVOICE FINANCE (UK) LIMITED
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
TOSCAFUND GP LIMITED
HSBC BANK PLC AS LENDER
Change History
Active
Private Limited Company
ARROW WORKS
STUDLEY
CompanyRankvs 329+ SIC 29320 peers52
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£15.8M
Annual revenue
Net Worth
£2.6M
Balance sheet strength
Cash
£69k
Cash in the bank
Profit Before Tax
£685k
Bottom line earnings
Net Current Assets
£1.6M
Working capital
Current Assets
£6.7M
Current Liabilities
£5.0M
Fixed Assets
£1.3M
Cost of Sales
£12.3M
Gross Profit
£3.6M
Admin Expenses
£2.8M
Operating Profit
£817k
Profit After Tax
£685k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.33 | +£685k |
| 2024 | 1.22 | +£1.5M |
| 2023 | 0.92 | — |
Derived from filed accounts. Not audited figures.