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Revo Developments Limited

04916700

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

37 LANCHESTER WAY, DAVENTRY, NN11 8PH
Incorporated 30/09/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Mark David Yates

director · Since 30/09/2003

DIRECTOR AND CHIEF OPERATING OFFICER

BRITISH · UNITED KINGDOM · Age 65

Also on 12 other boards

Persons with Significant Control

Rtk Technologies Limited

75–100% shares

37 Lanchester Way, Lanchester Way, Daventry, NN11 8PH

Reg: 04910740 · Companies House Uk · Limited Company

Notified 07/04/2016

Charges2 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 01/03/2021Registered 08/03/2021Satisfied 05/08/2024
Charge
outstanding

JAMES ALLEN BRADBURY

Created 09/04/2020Registered 29/04/2020
charge
satisfied

RICHARD FRANCIS RODNEY GREENER, ALLAN JOHN LEWIS AND HORNBUCKLE MITCHELL TRUSTEES LIMITED

Created 09/02/2009Registered 18/02/2009Satisfied 09/01/2018
charge
outstanding

HSBC BANK PLC

Created 25/07/2005Registered 27/07/2005

CompanyRankvs 62159+ SIC 62020 peers
42

Financial strength2th percentile among SIC peers · 1/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.94× · 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 strength1/25 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 31/12/2024

Net Worth

-£57k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£101k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.7M

Fixed Assets

£74k

Debtors

£1.1M

15avg. employees-6

Tax at Year End(2022)

Corp tax£6k

Balance Sheet

Assets less current liabilities-£27k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£416k
20230.95-£299k
20221.28-£493k
20211.74-£269k
20202.01+£233k
20191.86+£344k
20181.57

Derived from filed accounts. Not audited figures.