Rad Developments Ltd
08682338
Some Concerns
- Accounts filing overdue (-15)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/05/2024
unaudited abridged
Next accounts due
30/05/2026
Confirmation statement
Last: 09/09/2025
Due 23/09/2026
Industry
Officers
director · Since 09/09/2013
PROPERTY DEVELOPER
BRITISH · ENGLAND · Age 50
Also on 32 other boards
Former
director · Resigned 23/08/2018
corporate director · Resigned 04/01/2019
Persons with Significant Control
Mr Joseph Vijayapragash Thiaga Rajah
British · England · Age 50
8 Waterloo Court, 10 Theed Street, London, SE1 8ST
Notified 06/04/2016
Joseph Homes Limited
8 Waterloo Court, 10 Theed Street, London, SE1 8ST
Reg: 06601040 · England & Wales · Limited Company
Notified 06/04/2016
Change History
Active
Private Limited Company
SUITE 5
LONDON
CompanyRankvs 84669+ SIC 41100 peers23
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£31k |
| 2023 | 0.00 | — |
Derived from filed accounts. Not audited figures.