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Rideworx Service Limited

14230189

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

UNIT 1, WOKINGHAM, RG41 1HD
Incorporated 12/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

Mr Ryan Nigel Leadbitter

director · Since 12/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Persons with Significant Control

Saxon Temple Group Limited

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

Unit 1, 125-127 Reading Road, Wokingham, RG41 1HD

Reg: 14230112 · Register Of Companies · Private Limited Company

Notified 12/07/2022

CompanyRankvs 2137+ SIC 45400 peers
34

Financial strength3th percentile among SIC peers · 1/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1F.H. Warr & Sons Limited
90
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90
3Bridge Motorcycles Limited
90
4Bill Smith Motors Limited
90
5Damerells Motor Cycles Limited
90
6Motor Body Services (Salford) Limited
90
7Hunts Cycle And Motor Stores Limited
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8Miles Kingsport Limited
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9Oxford Products Limited
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10Colwyn Bay Motor Cycles Limited
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2137Rideworx Service Limited
33
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.

Employees12/15 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 30/11/2024

Net Worth

-£118k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£119k

Working capital

Current Assets

£53k

Current Liabilities

£171k

Fixed Assets

£1k

3avg. employees

Balance Sheet

Assets less current liabilities-£118k

EstimatesDerived

YearCurrent Ratio
20240.31

Derived from filed accounts. Not audited figures.