Back to search

Redmay Developments Limited

02317409

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2 SWAPCOAT LANE, SPALDING, PE12 9HD
Incorporated 15/11/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing
68209
Other letting and operating of own or leased real estate

Officers

Mrs Rebecca Emma Reeve

secretary · Since 06/03/1992

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mrs Rebecca Emma Reeve

director · Since 06/03/1992

TEACHER

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Nicholas James Reeve

director · Since 01/04/2008

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 65

Persons with Significant Control

Mrs Rebecca Emma Reeve

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm

British · England · Age 55

2, Swapcoat Lane, Spalding, PE12 9HD

Notified 06/04/2016

Mr Nicholas Reeve

25–50% shares
25–50% votes

British · England · Age 65

Blacksmiths Cottage, Swapcoat Lane, Spalding, PE12 9HD

Notified 01/05/2018

Former PSCs

Mrs Marjorie Morris

Ceased 01/05/2018

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/07/1989Registered 16/08/1989Satisfied 19/12/1992
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/05/1989Registered 25/05/1989Satisfied 12/09/1997
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/03/1989Registered 17/03/1989Satisfied 12/09/1997

CompanyRankvs 11065+ SIC 43390 peers
63

Financial strength88th percentile among SIC peers · 22/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio -9.9× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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 30/04/2025

Net Worth

£105k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£107k

Working capital

Current Assets

-£97k

Current Liabilities

£10k

Fixed Assets

£212k

2avg. employees

Balance Sheet

Assets less current liabilities£106k
Prepared with v2025.83.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
2025-9.90+£58k
20240.01+£10k
20230.01+£15k
20220.01+£4k
20210.02+£10k
20200.02+£10k
20190.01+£14k
20180.01

Derived from filed accounts. Not audited figures.