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Ward Reece Ltd

05754705

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

21 ANGEL HILL, DEVON, EX16 6PE
Incorporated 23/03/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mrs Caroline Elizabeth Reece

secretary · Since 23/03/2006

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Mrs Caroline Elizabeth Reece

director · Since 23/03/2006

MARKET RESEARCHER

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Glenn Darryl Reece

director · Since 23/03/2006

BUILDER

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Persons with Significant Control

Mrs Caroline Elizabeth Reece

75–100% shares
75–100% votes

British · England · Age 70

21 Angel Hill, Devon, EX16 6PE

Notified 06/04/2016

Former PSCs

Mrs Caroline Elizabeth Reece

Ceased 01/11/2025

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/06/2006Registered 16/06/2006
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/04/2006Registered 04/05/2006

CompanyRankvs 68591+ SIC 68100 peers
41

Financial strength10th percentile among SIC peers · 3/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.91× · 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 strength3/25 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.

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 31/03/2025

Net Worth

-£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£294k

Current Liabilities

£322k

Fixed Assets

£723

2avg. employees

Balance Sheet

Assets less current liabilities-£27k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91+£721
20240.91-£2k
20230.92-£52k
20220.92+£13k
20211.15-£7k
20201.09-£6k
20190.87

Derived from filed accounts. Not audited figures.