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Reeds News Limited

09697312

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

66 LONDON ROAD, PORTSMOUTH, PO2 0LN
Incorporated 22/07/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mrs Lopa Parekh

director · Since 22/07/2015

DIRECTOR

BRITISH · ENGLAND · Age 49

Mr Neelesh Parekh

director · Since 22/07/2015

DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Neelesh Parekh

25–50% shares
25–50% votes
Appoint directors
Significant control

British · England · Age 52

63, Lyndhurst Road, Portsmouth, PO2 0ED

Notified 21/07/2016

Mrs Lopa Parekh

25–50% shares
25–50% votes
Appoint directors
Significant control

British · England · Age 49

63, Lyndhurst Road, Portsmouth, PO2 0ED

Notified 21/07/2016

CompanyRankvs 17759+ SIC 47110 peers
34

Financial strength29th percentile among SIC peers · 7/25
Employees8th percentile among SIC peers · 1/15
LiquidityNo balance sheet data · 0/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength7/25 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.

Longevity11/15 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 31/07/2025

Net Worth

£107

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£107

Working capital

Current Assets

Current Liabilities

£107

Debtors

£243

0avg. employees

Balance Sheet

Assets less current liabilities£107
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.25-£8k
20220.52-£466
20210.49-£9k
20200.57+£16k
20190.46+£5k
20180.39

Derived from filed accounts. Not audited figures.