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M Richo Ltd

13781856

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

83 PARK LANE, BURTON UPON TRENT, DE13 9JQ
Incorporated 03/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Kamalgit Singh Jhutty

director · Since 03/12/2021

BUSINESS MANAGER

BRITISH · ENGLAND · Age 41

Also on 1 other board

Mrs Kaljeet Kaur

director · Since 03/12/2021

TEACHER

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mrs Kaljeet Kaur

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

British · United Kingdom · Age 48

83, Park Lane, Burton Upon Trent, DE13 9JQ

Notified 03/12/2021

Mrs Balbir Kaur

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

British · United Kingdom · Age 68

83, Park Lane, Burton Upon Trent, DE13 9JQ

Notified 03/12/2021

Former PSCs

Mr Kamalgit Singh Jhutty

Ceased 26/05/2026

Charges1 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 12/10/2023Registered 18/10/2023

CompanyRankvs 157952+ SIC 68209 peers
34

Financial strength61th percentile among SIC peers · 15/25
Employees57th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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157952M Richo Ltd
43
How is this score calculated?
Financial strength15/25 pts

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

Employees9/15 pts

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

Liquidity0/20 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 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 31/12/2024

Net Worth

£14k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

—

Current Liabilities

£9k

Fixed Assets

£1.0M

1avg. employees+1

Balance Sheet

Bank loans & overdrafts£127k
Assets less current liabilities£1.1M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024—+£12k
20232.22-£2k
20222.52—

Derived from filed accounts. Not audited figures.