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Leigh Record Exchange Limited

04701612

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

6 EARLS HALL PARADE, SOUTHEND ON SEA, SS2 6NW
Incorporated 18/03/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47630
Retail sale of music and video recordings in specialised stores

Officers

Robert James Reed

secretary · Since 18/03/2003

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 3 other boards

Robert James Reed

director · Since 18/03/2003

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 3 other boards

Mrs Kay Reed

director · Since 01/01/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 75

Persons with Significant Control

Mr Robert James Reed

25–50% shares

British · England · Age 77

6, Earls Hall Parade, Southend On Sea, SS2 6NW

Notified 06/04/2016

Mrs Kay Reed

25–50% shares

British · England · Age 75

6, Earls Hall Parade, Southend On Sea, SS2 6NW

Notified 01/01/2024

CompanyRankvs 11+ SIC 47630 peers
84

Financial strength88th percentile among SIC peers · 22/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.42× · 20/20
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 strength22/25 pts

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

Employees12/15 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.

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

£25k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£25k

Working capital

Current Assets

£31k

Current Liabilities

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£25k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20255.42+£5k
20245.05-£255
20238.38-£3k
20226.77+£3k
20215.29

Derived from filed accounts. Not audited figures.