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Ready 2 Let (Properties) Limited

05269047

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 18 outstanding charges (-10)

Details

27 NORTHUMBERLAND SQUARE, NORTHUMBERLAND, NE30 1PW
Incorporated 25/10/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Stephen Raymond Laverick

director · Since 25/10/2004

MANAGER

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mr Darren John Joseph Purdy

director · Since 25/10/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 21 other boards

Persons with Significant Control

Mr Stephen Raymond Laverick

25–50% shares

British · England · Age 53

27 Northumberland Square, Northumberland, NE30 1PW

Notified 06/04/2016

Mr Darren John Joseph Purdy

25–50% shares

British · United Kingdom · Age 57

27 Northumberland Square, Northumberland, NE30 1PW

Notified 06/04/2016

Former PSCs

Mr Andrew David Ford

Ceased 26/07/2024

Charges18 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 10/06/2009Registered 15/06/2009
charge
outstanding

LLOYDS TSB BANK PLC

Created 10/06/2009Registered 12/06/2009
charge
outstanding

LLOYDS TSB BANK PLC

Created 13/10/2008Registered 15/10/2008
charge
outstanding

LLOYDS TSB BANK PLC

Created 05/09/2008Registered 06/09/2008
charge
outstanding

LLOYDS TSB BANK PLC

Created 02/05/2008Registered 03/05/2008
charge
outstanding

LLOYDS TSB BANK PLC

Created 17/10/2007Registered 25/10/2007
charge
outstanding

LLOYDS TSB BANK PLC

Created 14/09/2007Registered 22/09/2007
charge
outstanding

LLOYDS TSB BANK PLC

Created 28/08/2007Registered 18/09/2007
charge
outstanding

LLOYDS TSB BANK PLC

Created 03/09/2007Registered 04/09/2007
charge
outstanding

LLOYDS TSB BANK PLC

Created 11/05/2007Registered 01/06/2007
charge
outstanding

LLOYDS TSB BANK PLC

Created 16/03/2007Registered 23/03/2007
charge
outstanding

LLOYDS TSB BANK PLC

Created 14/11/2006Registered 24/11/2006
charge
outstanding

LLOYDS TSB BANK PLC · LLOYDS TSB BANK PLC

Created 02/05/2006Registered 09/05/2006
charge
outstanding

LLOYDS TSB BANK PLC

Created 30/09/2005Registered 04/10/2005
charge
outstanding

LLOYDS TSB BANK PLC

Created 12/09/2005Registered 23/09/2005
charge
satisfied

LLOYDS TSB BANK PLC

Created 12/09/2005Registered 23/09/2005Satisfied 01/04/2006
charge
satisfied

LLOYDS TSB BANK PLC

Created 09/06/2005Registered 11/06/2005Satisfied 28/03/2006
charge
outstanding

LLOYDS TSB BANK PLC

Created 09/06/2005Registered 11/06/2005
charge
outstanding

LLOYDS TSB BANK PLC

Created 27/05/2005Registered 04/06/2005
charge
outstanding

LLOYDS TSB BANK PLC

Created 31/05/2005Registered 04/06/2005

CompanyRankvs 135156+ SIC 68209 peers
36

Financial strength6th percentile among SIC peers · 2/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio -0.67× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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135156Ready 2 Let (Properties) Limited
46
How is this score calculated?
Financial strength2/25 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.

Liquidity2/20 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 31/10/2019

Net Worth

-£43k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

-£22k

Current Liabilities

£33k

Fixed Assets

-£135k

2avg. employees

Balance Sheet

Assets less current liabilities-£124k
Signed by Mr Darren Purdy 1 June 2020Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2019-0.67-£9k
2018-0.58—

Derived from filed accounts. Not audited figures.