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Reducta (Sales) Limited

00762750

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
62 / 100

Some Concerns

30/30
Filing
20/30
Financial
12/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 4 outstanding charges (-8)

Details

40 THE GARDENS, WATFORD, WD17 3DW
Incorporated 30/05/1963

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/12/2025

Due 04/01/2027

On track

Industry

23410
Manufacture of ceramic household and ornamental articles
47990
Other retail sale not in stores, stalls or markets
68209
Other letting and operating of own or leased real estate
82990
Other business support service activities

Officers

Mr David Arthur Pollak Fcca

secretary · Since 04/12/1991

BRITISH · ENGLAND · Age 76

Also on 9 other boards

Mr David Arthur Pollak Fcca

director · Since 04/12/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 9 other boards

Karen Brenda Pollak

director · Since 04/12/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 1 other board

Persons with Significant Control

Mr David Arthur Pollak

75–100% shares

British · England · Age 76

40 The Gardens, Watford, WD17 3DW

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

GRIFFIN FACTORS LIMITED

Created 11/08/1995Registered 16/08/1995
charge
outstanding

MIDLAND BANK PLC

Created 01/12/1994Registered 03/12/1994
charge
outstanding

MIDLAND BANK PLC

Created 05/04/1994Registered 09/04/1994
charge
satisfied

MIMDC NOMINEES LIMITED

Created 28/11/1990Registered 13/12/1990Satisfied 20/11/1992
charge
outstanding

MIDLAND BANK PLC

Created 28/11/1990Registered 04/12/1990

Insolvency History1 case

administrative receiver

Neville Barry Kahn (practitioner) · Nigel John Vooght (practitioner)

CompanyRankvs 16+ SIC 23410 peers
59

Financial strength99th percentile among SIC peers · 25/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 592.35× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 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.

Longevity15/15 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£655k

Balance sheet strength

Cash

£11k

Cash in the bank

Profit Before Tax

£11k

Bottom line earnings

Net Current Assets

£485k

Working capital

Current Assets

£486k

Current Liabilities

£820

Fixed Assets

£173k

Debtors

£474k

Gross Profit

£0

Admin Expenses

£12k

Operating Profit

-£12k

Profit After Tax

£7k

0avg. employees

Balance Sheet

Assets less current liabilities£658k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2024592.35+£6k
2023Infinity-£9k
202261.52-£8k
202164.09+£875
2020266.67-£8k
201930.22+£5k
2018237.90+£1k
201781.22

Derived from filed accounts. Not audited figures.