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Reeds Carpeting Contractors Limited

01815400

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)

Details

UNIT 1, COVENTRY, CV4 9UQ
Incorporated 11/05/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43330
Floor and wall covering

Officers

Mr Mark William Reed

director · Since 31/10/1993

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 3 other boards

Mrs Julie Ann Reed

director · Since 20/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mr Mark William Reed

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 54

Unit 1, Coventry, CV4 9UQ

Notified 06/04/2016

Former PSCs

Mr Martin Peter Cairns

Ceased 22/01/2021

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/07/1999Registered 25/07/2000Satisfied 14/07/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/01/1998Registered 11/02/1998Satisfied 14/07/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/03/1990Registered 20/03/1990Satisfied 20/06/2019

CompanyRankvs 7693+ SIC 43330 peers
31

Financial strength0th percentile among SIC peers · 0/25
Employees8th percentile among SIC peers · 1/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

-£669k

Balance sheet strength

Cash

£3.5M

Cash in the bank

Net Current Assets

£595k

Working capital

Current Assets

£3.6M

Current Liabilities

Fixed Assets

£91k

Debtors

£61k

0avg. employees-8

Tax at Year End(2022)

Corp tax£2.0M

People Costs(2019)

Wages & salaries£1.6M
NI contributions£91k

Balance Sheet

Assets less current liabilities£686k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£83k
20241.21+£142k
20231.22-£398k
20221.14-£3.3M
20191.92-£211k
20181.91

Derived from filed accounts. Not audited figures.