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Riverside Complex Limited

14657961

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

41 CLARENCE STREET, SOUTHEND-ON-SEA, SS1 1BH
Incorporated 13/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Arul Palaniappan

director · Since 22/07/2025

COMPANY DIRECTOR

INDIAN · SCOTLAND · Age 44

Also on 3 other boards

Mr Palanivel Vaiyapuri

director · Since 22/07/2025

COMPANY DIRECTOR

INDIAN · SCOTLAND · Age 39

Also on 3 other boards

Persons with Significant Control

Bgh Limited

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

41, Clarence Street, Southend On Sea, SS1 1BH

Reg: 16536073 · Companies House · Private Limited Company

Notified 22/07/2025

Former PSCs

Mr Graeme Stuart Wilson

Ceased 22/07/2025

Mr Gordon Andrew Wilson

Ceased 03/03/2023

Mr Paul Mckenna

Ceased 22/07/2025

Charges0 outstanding

Charge
satisfied

HANDELSBANKEN PLC

Created 13/07/2023Registered 27/07/2023Satisfied 23/07/2025
Charge
satisfied

HANDELSBANKEN PLC

Created 13/07/2023Registered 27/07/2023Satisfied 23/07/2025

CompanyRankvs 17575+ SIC 47110 peers
34

Financial strength5th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity3 years trading (max 15) · 3/15
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.

Employees13/15 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.

Longevity3/15 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 31/05/2025

Net Worth

-£47k

Balance sheet strength

Cash

£71k

Cash in the bank

Net Current Assets

-£539k

Working capital

Current Assets

£191k

Current Liabilities

£730k

Fixed Assets

£559k

Debtors

£30k

9avg. employees+2

Balance Sheet

Assets less current liabilities£20k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26-£15k
20240.24

Derived from filed accounts. Not audited figures.