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Areea Constructions Ltd

09113221

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)

Details

21 DEFOE WAY, ROMFORD, RM5 2HR
Incorporated 02/07/2014

Compliance

Last accounts

31/12/2024

dormant

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/06/2025

Due 23/06/2026

On track

Industry

43341
Painting

Officers

Mr Gheorghe Butacu

director · Since 02/07/2014

SELF-EMPLOYED

ROMANIAN · ENGLAND · Age 47

Persons with Significant Control

Mr Gheorghe Butacu

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

Romanian · England · Age 47

21, Defoe Way, Romford, RM5 2HR

Notified 02/07/2016

Former PSCs

Mr Gheorghe Butacu Butacu

Ceased 18/07/2018

CompanyRankvs 10347+ SIC 43341 peers
30

Financial strength9th percentile among SIC peers · 2/25
Employees8th percentile among SIC peers · 1/15
LiquidityNo balance sheet data · 0/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees1/15 pts

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

Liquidity0/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

Current Liabilities

£6k

0avg. employees

Tax at Year End(2018)

Dividends paid£4k

Balance Sheet

Assets less current liabilities-£6k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£0
20230.01+£0
20220.01+£0
20210.02-£3k
20200.27
20191.25
20181.02

Derived from filed accounts. Not audited figures.