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Rmd Westlands Limited

09066631

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

3 MILDRED AVENUE, WATFORD, WD18 7DY
Incorporated 02/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87300
Residential care activities for the elderly and disabled

Officers

Mr Abbasali Mohamed Merali

director · Since 02/06/2014

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 7 other boards

Mr Riyaz Mohamed Rajabali Merali

director · Since 02/06/2014

NONE

BRITISH · ENGLAND · Age 60

Also on 7 other boards

Persons with Significant Control

Mr Abbasali Mohamed Merali

25–50% shares

British · England · Age 50

3, Mildred Avenue, Watford, WD18 7DY

Notified 19/07/2017

Mr Riyaz Mohamed Rajabali Merali

25–50% shares

British · England · Age 60

3, Mildred Avenue, Watford, WD18 7DY

Notified 19/07/2017

Charges1 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 31/03/2021Registered 09/04/2021
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 16/09/2014Registered 20/09/2014Satisfied 19/08/2021

CompanyRankvs 4983+ SIC 87300 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees3/15 pts

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

Liquidity12/20 pts

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

Longevity12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£426k

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£3.1M

Current Liabilities

£3.1M

Debtors

£3.1M

0avg. employees

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Bank loans & overdrafts£3.1M
Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.01-£245k
20231.24-£216k
20221.43-£10k
20211.77+£69k
20201.07

Derived from filed accounts. Not audited figures.