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Riverside Property Sourcing Ltd

15072392

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

MY TRUSTED ACCOUNTANT LIMITED UNIT 6 BALFOUR COURT, PRESTON, PR25 2TF
Incorporated 15/08/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Michael Kenneth Carey

director · Since 15/08/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Richard Stephen Musgrave

director · Since 15/08/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Michael Kenneth Carey

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

British · England · Age 42

My Trusted Accountant Limited, Unit 6 Balfour Court, Preston, PR25 2TF

Notified 15/08/2023

Mr Richard Stephen Musgrave

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

British · England · Age 43

My Trusted Accountant Limited, Unit 6 Balfour Court, Preston, PR25 2TF

Notified 15/08/2023

Charges3 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 25/02/2026Registered 25/02/2026
Charge
outstanding

LENDLORD LIMITED

Created 07/11/2025Registered 07/11/2025
Charge
outstanding

LENDLORD LIMITED

Created 07/11/2025Registered 07/11/2025

CompanyRankvs 57605+ SIC 68100 peers
42

Financial strength8th percentile among SIC peers · 2/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 14.19× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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57605Riverside Property Sourcing Ltd
51
How is this score calculated?
Financial strength2/25 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.

Liquidity20/20 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.

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 31/03/2025

Net Worth

-£38k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£24k

Current Liabilities

£2k

Fixed Assets

£90k

2avg. employees

Balance Sheet

Assets less current liabilities£112k
Signed by Mr Michael Carey Mr Richard Musgrave 15/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
202514.19

Derived from filed accounts. Not audited figures.