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Les Reed Clearance Services Ltd

08044252

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

8 JAMES STREET, SHEERNESS, ME12 2QE
Incorporated 24/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

39000
Remediation activities and other waste management services

Officers

Mr Leslie John Reed

director · Since 24/04/2012

DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Leslie John Reed

75–100% shares

British · England · Age 64

8, James Street, Sheerness, ME12 2QE

Notified 06/04/2016

CompanyRankvs 1592+ SIC 39000 peers
32

Financial strength8th percentile among SIC peers · 2/25
Employees70th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1592Les Reed Clearance Services Ltd
42
How is this score calculated?
Financial strength2/25 pts

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

Employees11/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Significant judgements - going concern When preparing the financial statements, the director has assessed whether there are significant doubts about the company's ability to continue as a going concern, particularly as there

Key FinancialsYear ending 31/03/2025

Net Worth

-£23k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

—

Current Liabilities

£84k

Fixed Assets

£71k

Debtors

£18k

3avg. employees+1

Balance Sheet

Assets less current liabilities£5k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£15k
2024—-£14k
20230.21-£9k
20220.68-£1k
20210.87—

Derived from filed accounts. Not audited figures.