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Rad Developments Ltd

08682338

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

SUITE 5, LONDON, SE1 7AB
Incorporated 09/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

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

Charges0 outstanding

Charge
satisfied

BRIDGECO LIMITED T/A OCTOPUS PROPERTY

Created 28/03/2018Registered 09/04/2018Satisfied 25/02/2019
Charge
satisfied

BRIDGECO LIMITED T/A OCTOPUS PROPERTY

Created 28/03/2018Registered 09/04/2018Satisfied 25/02/2019
Charge
satisfied

BRIDGECO LIMITED T/A OCTOPUS PROPERTY

Created 28/03/2017Registered 28/03/2017Satisfied 11/04/2018
Charge
satisfied

BRIDGECO LIMITED T/A OCTOPUS PROPERTY

Created 28/03/2017Registered 28/03/2017Satisfied 11/04/2018
Charge
satisfied

STRATA RESIDENTIAL FINANCE PLC

Created 12/08/2016Registered 15/08/2016Satisfied 04/04/2017
Charge
satisfied

STRATA RESIDENTIAL LLP

Created 06/06/2016Registered 06/06/2016Satisfied 04/04/2017
Charge
satisfied

ALDERMORE BANK PLC

Created 26/05/2016Registered 28/05/2016Satisfied 04/04/2017
Charge
satisfied

ALDERMORE BANK PLC

Created 26/05/2016Registered 28/05/2016Satisfied 04/04/2017
Charge
satisfied

FURZE INTENATIONAL LIMITED

Created 05/06/2015Registered 24/06/2015Satisfied 11/04/2016
Charge
satisfied

FURZE INTERNATIONAL LIMITED

Created 05/06/2015Registered 23/06/2015Satisfied 11/04/2016
Charge
satisfied

TITLESTONE PROPERTY LENDING LIMITED

Created 23/01/2015Registered 02/02/2015Satisfied 16/06/2016
Charge
satisfied

TITLESTONE PROPERTY LENDING LIMITED

Created 23/01/2015Registered 02/02/2015Satisfied 16/06/2016
Charge
satisfied

MONTELLO PRIVATE FINANCE GENERAL PARTNERS LIMITED

Created 26/06/2014Registered 01/07/2014Satisfied 02/06/2015
Charge
satisfied

MONTELLO PRIVATE FINANCE GENERAL PARTNERS LIMITED

Created 26/06/2014Registered 01/07/2014Satisfied 02/06/2015

CompanyRankvs 67734+ SIC 41100 peers
33

Financial strength4th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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67734Rad Developments Ltd
32
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 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 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-£1.2M
202213.27-£42k
20219.63-£34k
202014.41—
20199.23—
20183.54—

Derived from filed accounts. Not audited figures.