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Ride Therapeutics Limited

14207521

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

3RD FLOOR, ALTRINCHAM, WA14 2DT
Incorporated 01/07/2022

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Oakwood Corporate Secretary Limited

secretary · Since 01/07/2022

BRITISH

Also on 2749 other boards

Mr Samuel Cohen

director · Since 01/07/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr George Kelly Martin

director · Since 01/07/2022

BUSINESS EXECUTIVE

AMERICAN · UNITED STATES · Age 67

Also on 3 other boards

CompanyRankvs 2655+ SIC 72110 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity4 years trading (max 15) · 4/15
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.

Longevity4/15 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 31/12/2024

Net Worth

-£1.3M

Balance sheet strength

Cash

£256k

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£618k

Current Liabilities

£2.2M

Fixed Assets

£203k

Debtors

£363k

Profit After Tax

-£978k

8avg. employees+6
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.29-£978k
20230.23

Derived from filed accounts. Not audited figures.