Ward Reece Ltd
05754705
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 23/03/2006
BRITISH · ENGLAND · Age 70
Also on 3 other boards
director · Since 23/03/2006
MARKET RESEARCHER
BRITISH · ENGLAND · Age 70
Also on 3 other boards
director · Since 23/03/2006
BUILDER
BRITISH · UNITED KINGDOM · Age 71
Also on 1 other board
Persons with Significant Control
Mrs Caroline Elizabeth Reece
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
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 68591+ SIC 68100 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.91 | +£721 |
| 2024 | 0.91 | -£2k |
| 2023 | 0.92 | -£52k |
| 2022 | 0.92 | +£13k |
| 2021 | 1.15 | -£7k |
| 2020 | 1.09 | -£6k |
| 2019 | 0.87 | — |
Derived from filed accounts. Not audited figures.