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Resource Development (Uk) Ltd

02898181

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

ONEGA HOUSE, SIDCUP, DA14 6NE
Incorporated 15/02/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Nicholas John Stirling Waite

secretary · Since 01/11/2003

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 11 other boards

Mr Nicholas John Stirling Waite

director · Since 01/11/2003

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 11 other boards

Michelle Susan Waite

director · Since 01/02/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Persons with Significant Control

Dragline (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

Onega House, 112 Main Road, Sidcup, DA14 6NE

Reg: 07680991 · Companies House · Limited

Notified 06/04/2016

Former PSCs

Mr Nicholas John Stirling Waite

Ceased 09/09/2023

Charges3 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 31/10/2024Registered 07/11/2024
charge
outstanding

BARCLAYS BANK PLC

Created 29/08/2007Registered 04/09/2007
charge
outstanding

BARCLAYS BANK PLC

Created 29/12/2003Registered 07/01/2004

CompanyRankvs 1352+ SIC 82990 peers
78

Financial strength91th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 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

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

£335k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£912k

Working capital

Current Assets

£1.8M

Current Liabilities

£855k

Fixed Assets

£70k

Debtors

£1.0M

21avg. employees-2

Tax at Year End

Corp tax£36k

Balance Sheet

Assets less current liabilities£982k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20242.07+£36k
20231.85-£26k
20222.34-£89k
20212.61-£73k
20202.88

Derived from filed accounts. Not audited figures.