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Ro Estates Ltd

07414290

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

568 PENN ROAD, WOLVERHAMPTON, WV4 4HU
Incorporated 20/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68310
Real estate agencies

Officers

Sukhdeep Chana

director · Since 20/10/2010

DIRECTOR

BRITISH · GB-ENG · Age 47

Mr Perminder Singh Chana

director · Since 05/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Persons with Significant Control

Mrs Sukhdeep Chana

25–50% shares

British · England · Age 47

568, Penn Road, Wolverhampton, WV4 4HU

Notified 05/11/2020

Former PSCs

Mr Perminder Singh Chana

Ceased 04/12/2024

Charges1 outstanding

Charge
outstanding

ASSET ADVANTAGE LIMITED

Created 17/02/2021Registered 17/02/2021

CompanyRankvs 6748+ SIC 68310 peers
54

Financial strength81th percentile among SIC peers · 20/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.33× · 2/20
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 strength20/25 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.

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 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 31/10/2024

Net Worth

£51k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£489k

Working capital

Current Assets

£236k

Current Liabilities

£726k

Fixed Assets

£1.3M

3avg. employees

Balance Sheet

Assets less current liabilities£772k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33+£46k
20230.34-£46k
20220.27+£50k
202111.74-£8k
202024.12-£3k
201914.85
20187.13

Derived from filed accounts. Not audited figures.