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Rai Developments Limited

03367511

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 5 outstanding charges (-10)

Details

48 BEECHCROFT ROAD, BUSHEY, WD23 2JU
Incorporated 09/05/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
43390
Other building completion and finishing

Officers

Richard Ilendo

director · Since 09/05/1997

BUILDER

POLISH · UNITED KINGDOM · Age 67

Also on 1 other board

Ivona Rayapen

secretary · Since 31/03/2002

BRITISH · Age 71

Persons with Significant Control

Rai Holdings Ltd

75–100% shares
75–100% votes

48, Beechcroft Road, Bushey, WD23 2JU

Reg: 03945829 · England And Wales · Limited Company

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 28/07/2015Registered 01/08/2015
charge
outstanding

BARCLAYS BANK PLC

Created 04/05/2011Registered 19/05/2011
charge
outstanding

BARCLAYS BANK PLC

Created 23/04/2010Registered 08/05/2010
charge
outstanding

BARCLAYS BANK PLC

Created 16/06/2003Registered 20/06/2003
charge
satisfied

BARCLAYS BANK PLC

Created 15/11/1998Registered 24/11/1998Satisfied 08/04/2000
charge
outstanding

BARCLAYS BANK PLC

Created 17/09/1998Registered 24/09/1998

CompanyRankvs 11243+ SIC 41100 peers
64

Financial strength93th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.86× · 6/20
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.

Liquidity6/20 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 31/03/2025

Net Worth

£941k

Balance sheet strength

Cash

£80k

Cash in the bank

Net Current Assets

-£159k

Working capital

Current Assets

£945k

Current Liabilities

£1.1M

Fixed Assets

£1.3M

Debtors

£235k

8avg. employees

Balance Sheet

Bank loans & overdrafts£121k
Assets less current liabilities£1.1M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.86-£9k
20240.93-£11k
20231.01+£356k
20221.07-£254k
20211.29+£78k
20201.28+£93k
20191.22

Derived from filed accounts. Not audited figures.