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Reed Care Homes Limited

06551402

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

117A MILLERS COTTAGE, COLCHESTER, CO4 3JG
Incorporated 01/04/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Mrs Sarah Louise Reed

director · Since 01/04/2008

NURSE

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Mr Wayne Jeffrey Reed

director · Since 01/04/2008

CARE HOME MANAGER

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Wayne Jeffrey Reed

25–50% shares

British · United Kingdom · Age 56

117a Millers Cottage, Bromley Road, Colchester, CO4 3JG

Notified 06/04/2016

Mrs Sarah Louise Reed

25–50% shares

British · United Kingdom · Age 58

117a Millers Cottage, Bromley Road, Colchester, CO4 3JG

Notified 06/04/2016

CompanyRankvs 1198+ SIC 87200 peers
70

Financial strength56th percentile among SIC peers · 14/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1198Reed Care Homes Limited
70
How is this score calculated?
Financial strength14/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

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

Key FinancialsYear ending 31/03/2023

Net Worth

£1k

Balance sheet strength

Cash

£100k

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£140k

Current Liabilities

£130k

Fixed Assets

£18k

Debtors

£39k

40avg. employees+11

Tax at Year End

Corp tax£17k

Balance Sheet

Assets less current liabilities£27k
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20231.07—
20220.58-£25k
20212.57-£9k
20202.42-£18k
20192.57—

Derived from filed accounts. Not audited figures.