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Richy'S Developments Limited

05917831

activeactive proposal to strike off
ltd
england wales
Companies House
Insolvency history
Accounts overdue
Confirmation statement overdue
Health Score
36 / 100

High Risk

0/30
Filing
20/30
Financial
16/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

7 - 8 7-8 Kingfisher Way,, Silverlink Business Park, Wallsend, NE28 9NX
Incorporated 29/08/2006

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

Overdue

Confirmation statement

Last: 29/08/2022

Due 12/09/2023

Overdue

Industry

68100
Buying and selling of own real estate

Officers

Mr Richard Edward Parkin

director · Since 29/08/2006

DEVELOPER

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Richard Edward Parkin

director · Since 29/08/2006

British · United Kingdom · Age 60

Former

Rwl Registrars Limited

corporate secretary · Resigned 29/08/2006

Rwl Directors Limited

corporate director · Resigned 29/08/2006

Karen Freestone

director · Resigned 31/10/2006

Gemma Louise Parkin

secretary · Resigned 23/09/2016

Persons with Significant Control

Mr Richy Parkin

75–100% shares
75–100% votes

British · United Kingdom · Age 60

8, Hyde Park, Wallsend, NE28 8UG

Notified 17/08/2016

Charges2 outstanding

charge
outstanding

BW SIPP TRUSTEES LIMITED

Created 03/02/2012Registered 08/02/2012
charge
satisfied

LLOYDS TSB BANK PLC

Created 26/10/2007Registered 27/10/2007Satisfied 04/03/2025
charge
outstanding

LLOYDS TSB BANK PLC

Created 05/09/2007Registered 06/09/2007

Insolvency History1 case

receiver manager

Harry Jolyon Dunger (receiver manager) · Marc Sirio Nardini (receiver manager)

Change History

statusactive
2026-07-21

Active - Proposal to Strike off

typeltd
2026-07-21

Private Limited Company

address line17 - 8 7-8 Kingfisher Way,
2026-07-21

7 - 8 7-8 KINGFISHER WAY,

post townWallsend
2026-07-21

WALLSEND

CompanyRankvs 116035+ SIC 68100 peers
16

Financial strength76th percentile among SIC peers · 19/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAccounts and CS overdue · 0/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 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 compliance0/15 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£33k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£9k

Current Liabilities

£71k

Fixed Assets

£322k

Debtors

£7k

Balance Sheet

Assets less current liabilities£260k
Signed by Mr Richard Parkin 15/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.13+£0
20230.13

Derived from filed accounts. Not audited figures.