Rad Furnishings Ltd
15624536
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/04/2025
micro entity
Next accounts due
31/01/2027
Confirmation statement
Last: 06/04/2026
Due 20/04/2027
Industry
Officers
director · Since 07/04/2024
UPHOLSTERER
ENGLISH · ENGLAND · Age 64
Also on 2 other boards
Persons with Significant Control
Mr David Percival
English · England · Age 64
2, Newburn Close, Skelmersdale, WN8 6PJ
Notified 07/04/2024
Change History
Active
Private Limited Company
2 NEWBURN CLOSE
SKELMERSDALE
CompanyRankvs 881+ SIC 13921 peers38
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/04/2025
Net Worth
-£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£1k
Working capital
Current Assets
£2k
Current Liabilities
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.67 |
Derived from filed accounts. Not audited figures.