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Reduce Energy Ltd

08386244

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LATIMER SHINFIELD ROAD, READING, RG2 9BE
Incorporated 04/02/2013

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 12/04/2025

Due 26/04/2026

Overdue

Industry

62090
Other information technology service activities

Officers

Mrs Andrea Gough

director · Since 04/02/2013

COMPANY SECRETARY

BRITISH · ENGLAND · Age 46

Mr Ian Gough

director · Since 04/02/2013

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mrs Andrea Gough

25–50% shares
25–50% votes

British · England · Age 46

Latimer, Shinfield Road, Reading, RG2 9BE

Notified 06/04/2016

Mr Ian Gough

25–50% shares
25–50% votes

British · England · Age 53

Latimer, Shinfield Road, Reading, RG2 9BE

Notified 06/04/2016

CompanyRankvs 33657+ SIC 62090 peers
45

Financial strength16th percentile among SIC peers · 4/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

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.

Longevity13/15 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 28/02/2025

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£5k

Current Liabilities

£10k

Fixed Assets

£4k

2avg. employees+2

Balance Sheet

Assets less current liabilities-£982
Signed by Mr Ian Gough 19/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.48-£12k
20241.65-£587
20231.61+£9k
20221.25
20210.71
20201.02
20191.08

Derived from filed accounts. Not audited figures.