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R2 Developments Ltd

07092621

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE MILLS, DERBY, DE1 2RJ
Incorporated 01/12/2009

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/10/2025

Due 23/10/2026

On track

Industry

41100
Development of building projects

Officers

Mr Richard William Henry Wilson

director · Since 03/03/2011

ENGLAND

BRITISH · ENGLAND · Age 39

Also on 9 other boards

Mr Robert Edward Charles Wilson

director · Since 03/03/2011

NONE

BRITISH · UNITED KINGDOM · Age 37

Also on 3 other boards

Mr David William Wilson

director · Since 22/03/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 84

Also on 18 other boards

Mr David Edward Norman

secretary · Since 25/04/2017

Mr Colin Vaughan Mcleod

director · Since 25/04/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Persons with Significant Control

Mr Richard William Henry Wilson

25–50% shares
25–50% votes

British · England · Age 39

The Mills, Canal Street, Derby, DE1 2RJ

Notified 06/04/2016

Mr Robert Edward Charles Wilson

50–75% shares
50–75% votes

British · England · Age 37

The Mills, Canal Street, Derby, DE1 2RJ

Notified 06/04/2016

Mr David William Wilson

Significant control

British · England · Age 84

The Mills, Canal Street, Derby, DE1 2RJ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BRIAN EALES · STEPHEN RICHARD EALES

Created 13/03/2026Registered 20/03/2026
Charge
satisfied

UNITED TRUST BANK LIMITED

Created 08/11/2021Registered 12/11/2021Satisfied 17/02/2023

CompanyRankvs 22010+ SIC 41100 peers
75

Financial strength100th percentile among SIC peers · 25/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 5.68× · 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.

Employees10/15 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 31/12/2024

Net Worth

£17.2M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£17.2M

Working capital

Current Assets

£20.9M

Current Liabilities

£3.7M

Fixed Assets

£17k

Debtors

£13.5M

2avg. employees-1

Tax at Year End

Corp tax£12k

Balance Sheet

Assets less current liabilities£17.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.68+£144k
20235.45+£248k
20224.29

Derived from filed accounts. Not audited figures.