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Ratom Ltd

13704024

active
ltd
england wales
Companies House
Accounts overdue
Health Score
62 / 100

Some Concerns

10/30
Filing
20/30
Financial
32/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

4 King Square, Bridgwater, TA6 3YF
Incorporated 26/10/2021

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/07/2026

Overdue

Confirmation statement

Last: 25/10/2025

Due 08/11/2026

On track

Industry

41100
Development of building projects

Officers

Mr Clive Thomas Shorney

director · Since 26/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Mr Paul David Iles

director · Since 01/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Clive Thomas Shorney

director · Since 26/10/2021

British · United Kingdom · Age 71

Paul David Iles

director · Since 01/10/2024

British · United Kingdom · Age 55

Persons with Significant Control

Mr Clive Thomas Shorney

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

British · United Kingdom · Age 71

4 King Square, Bridgwater, TA6 3YF

Notified 26/10/2021

Charges4 outstanding

Charge
outstanding

SPF BRIDGING LTD

Created 17/01/2025Registered 20/01/2025
Charge
outstanding

SPF BRIDGING LTD

Created 17/01/2025Registered 20/01/2025
Charge
outstanding

SPF BRIDGING LTD

Created 08/08/2024Registered 09/08/2024
Charge
outstanding

SPF BRIDGING LTD

Created 08/08/2024Registered 09/08/2024

Change History

statusactive
2026-08-06

Active

typeltd
2026-08-06

Private Limited Company

address line14 King Square
2026-08-06

4 KING SQUARE

post townBridgwater
2026-08-06

BRIDGWATER

officer appointedILES, Paul David
2026-08-06
officer appointedSHORNEY, Clive Thomas
2026-08-06

CompanyRankvs 46595+ SIC 41100 peers
35

Financial strength64th percentile among SIC peers · 16/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceOne filing overdue · 5/15
Outstanding charges -10
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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.

Employees7/15 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.

Longevity5/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 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 31/10/2024

Net Worth

£11k

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

£56k

Working capital

Current Assets

£582k

Current Liabilities

£527k

Fixed Assets

£145k

Debtors

£60k

1avg. employees

Balance Sheet

Bank loans & overdrafts£409k
Assets less current liabilities£200k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.11

Derived from filed accounts. Not audited figures.