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Richard Reed Ltd

05702566

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE BEAM, SUNDERLAND, SR1 3AD
Incorporated 08/02/2006

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 06/02/2026

Due 20/02/2027

On track

Industry

69102
Solicitors

Officers

Mrs Sarah Jane Reid

director · Since 18/05/2012

SOLICITOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Mr Alexander Phillip Moir

director · Since 14/08/2012

SOLICITOR

BRITISH · ENGLAND · Age 46

Mrs Laura Mary Peel

director · Since 14/08/2012

SOLICITOR

BRITISH · ENGLAND · Age 45

Mrs Cassandra Spenceley

director · Since 23/11/2020

SOLICITOR-ADVOCATE

BRITISH · ENGLAND · Age 45

Mrs Annaliese Barber

director · Since 01/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 51

Mrs Nicola Bennell

director · Since 01/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mrs Sarah Jane Reid

Significant control

British · England · Age 48

The Beam, Plater Way, Sunderland, SR1 3AD

Notified 06/04/2016

Richard Reed (Holding) Limited

25–50% shares
25–50% votes

The Beam, Plater Way, Sunderland, SR1 3AD

Reg: 10882108 · Companies House · Private Company Limited By Shares

Notified 31/10/2017

Mr Alexander Phillip Moir

Significant control

British · England · Age 46

The Beam, Plater Way, Sunderland, SR1 3AD

Notified 31/10/2017

Former PSCs

Mr Gordon Scot Wellham

Ceased 31/10/2017

Mr David John Place

Ceased 04/04/2025

Charges1 outstanding

Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 09/01/2019Registered 09/01/2019Satisfied 14/08/2025
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 30/10/2012Registered 02/11/2012

CompanyRankvs 10+ SIC 69102 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.34× · 20/20
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 strength25/25 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.

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.

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 31/10/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£765k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.7M

Current Liabilities

£523k

Fixed Assets

£538k

Debtors

£981k

41avg. employees-1

Tax at Year End(2018)

Corp tax£94k

Balance Sheet

Intangible assets£26k
Assets less current liabilities£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.34-£88k
20235.23+£137k
20224.71+£291k
20213.33+£454k
20202.96+£183k
20191.88+£218k
20181.30

Derived from filed accounts. Not audited figures.