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Paul Richardson Limited

12797597

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

1 GEORGE STREET, WOLVERHAMPTON, WV2 4DG
Incorporated 06/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Paul Stephen Richardson

director · Since 06/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 11 other boards

Persons with Significant Control

Mr Paul Stephen Richardson

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

British · England · Age 67

1, George Street, Wolverhampton, WV2 4DG

Notified 06/08/2020

CompanyRankvs 425260+ SIC 74909 peers
38

Financial strength3th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£78k

Balance sheet strength

Cash

£82k

Cash in the bank

Net Current Assets

-£2.3M

Working capital

Current Assets

£91k

Current Liabilities

£2.4M

Fixed Assets

£2.2M

Debtors

£10k

6avg. employees+2

Balance Sheet

Assets less current liabilities-£77k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£41k
20230.03-£21k
20220.05-£11k
20210.38

Derived from filed accounts. Not audited figures.