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Rad Developments Ltd

08682338

active
ltd
england wales
Companies House
Accounts overdue
Health Score
60 / 100

Some Concerns

10/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

Suite 5 88 Lower Marsh, London, SE1 7AB
Incorporated 09/09/2013

Compliance

Last accounts

31/05/2024

unaudited abridged

Next accounts due

30/05/2026

Overdue

Confirmation statement

Last: 09/09/2025

Due 23/09/2026

On track

Industry

41100
Development of building projects

Officers

Mr Joseph Vijayapragash Thiaga Rajah

director · Since 09/09/2013

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 50

Also on 32 other boards

Joseph Vijayapragash Thiaga Rajah

director · Since 09/09/2013

British · England · Age 50

Former

Soyfur Chowdhury

director · Resigned 23/08/2018

Joseph Homes Ltd

corporate director · Resigned 04/01/2019

Persons with Significant Control

Mr Joseph Vijayapragash Thiaga Rajah

25–50% shares
75–100% votes
Appoint directors

British · England · Age 50

8 Waterloo Court, 10 Theed Street, London, SE1 8ST

Notified 06/04/2016

Joseph Homes Limited

25–50% shares
75–100% votes
Appoint directors

8 Waterloo Court, 10 Theed Street, London, SE1 8ST

Reg: 06601040 · England & Wales · Limited Company

Notified 06/04/2016

Change History

statusactive
2026-08-11

Active

typeltd
2026-08-11

Private Limited Company

address line1Suite 5 88 Lower Marsh
2026-08-11

SUITE 5

post townLondon
2026-08-11

LONDON

officer appointedRAJAH, Joseph Vijayapragash Thiaga
2026-08-11

CompanyRankvs 84669+ SIC 41100 peers
23

Financial strength4th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceOne filing overdue · 5/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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 compliance5/15 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 31/05/2024

Net Worth

-£168k

Balance sheet strength

Cash

£34

Cash in the bank

Net Current Assets

-£133k

Working capital

Current Assets

£67

Current Liabilities

£133k

Debtors

£33

0avg. employees

Balance Sheet

Assets less current liabilities-£133k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£31k
20230.00

Derived from filed accounts. Not audited figures.