Company Overview
Ricardo Electrical Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 22 August 2016, so this is a well established company. Ricardo Electrical Ltd has been in business for 9 years and 7 months. The accounts status is micro entity and the accounts are next due on Sunday 31 May 2026.
Registered Address

Sunningdale, 63 Milton Hill, Weston-Super-Mare, BS22 9RE
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Companies House Data
Company NameRICARDO ELECTRICAL LTD
Company Number10340714
Registered Office AddressSunningdale
 63 Milton Hill
 BS22 9RE
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date22/08/2016
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date19/09/2017
Previous Company NameChanged Date
SEAFARE FISH COMPANY LTD27 Apr 2021
Directors & Members
Brendan Ricardo - Director
(British, 44 years old, born March 1982)
Appointed 22 August 2016
 Active
Caroline Ricardo - Director
(British, 48 years old, born January 1978)
Appointed 22 August 2016
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Brendan Ricardo
No companies found
Caroline Ricardo
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2021 31-Aug-2020
Balance Sheet
Fixed Assets 18,389 18,389 1,428
Current Assets 223,895 223,895 199,525
Creditors Due Within One Year 206,099 206,099 201,721
Working Cap 17,796 17,796 -2,196
Total Assets Less Current Liabilities 36,185 36,185 -768
Long-term Liabilities 0 0 0
Net Assets 36,185 36,185 -768
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 36,185 36,185 -768
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2021 31-Aug-2020
Tangible Fixed Assets - - -
Fixed Assets 7.6% 7.6% 0.7%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 92.4% 92.4% 99.3%
Creditors Due Within One Year 85.1% 85.1% 100.4%
Net Current Assets Liabilities 7.3% 7.3% -1.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 14.9% 14.9% -0.4%
Capital Employed - - -
Total Assets Less Current Liabilities 14.9% 14.9% -0.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2021 31-Aug-2020
Liquidity Ratio 1.1 1.1 1.0
Solvency Ratio 1.2 1.2 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2021 31-Aug-2020
Assets 242,284 242,284 200,953
Debt 206,099 206,099 201,721
Net Assets/Debt 36,185 36,185 -768

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 7 May 2025 with no updates
Confirmation statement made on 7 May 2024 with no updates
Confirmation statement made on 7 May 2023 with no updates
Registered office address changed from 24 North Hill Road Cirencester GL7 1PG England to Sunningdale 63 Milton Hill Weston-Super-Mare BS22 9RE on 2 June 2023
Confirmation statement made on 7 May 2022 with no updates
Change of details for Mrs Caroline Clare Ricardo as a person with significant control on 31 May 2021
Withdrawal of the directors' residential address register information from the public register
Elect to keep the directors' residential address register information on the public register
Confirmation statement made on 7 May 2021 with updates
Notification of Caroline Clare Ricardo as a person with significant control on 31 August 2016
Resolutions
Registered office address changed from 12 Chesterton Lane Cirencester Gloucestershire GL7 1XQ United Kingdom to 24 North Hill Road Cirencester GL7 1PG on 25 April 2021
Confirmation statement made on 21 August 2020 with no updates
Confirmation statement made on 21 August 2019 with no updates
Confirmation statement made on 21 August 2018 with no updates
Confirmation statement made on 21 August 2017 with no updates
Incorporation
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