Reid Business Machines Limited
04671473
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
28/02/2025
total exemption full
Next accounts due
30/11/2026
Confirmation statement
Last: 28/11/2025
Due 12/12/2026
Industry
Officers
Persons with Significant Control
Mr Winston Goodwin Reid
British · England · Age 62
37 Kingsway, Middlesex, HA9 7QP
Notified 05/07/2016
Mrs Pauline Reid
British · England · Age 60
37 Kingsway, Middlesex, HA9 7QP
Notified 25/09/2025
CompanyRankvs 1613+ SIC 47410 peers43
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
-£3k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£18k
Current Liabilities
£20k
Fixed Assets
£3k
Debtors
£8k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.91 | -£4k |
| 2024 | 1.24 | — |
| 2023 | 1.33 | — |
| 2022 | 2.45 | +£6k |
| 2021 | 3.71 | — |
| 2020 | 1.61 | — |
| 2019 | 1.76 | — |
Derived from filed accounts. Not audited figures.