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Reform Developments Limited

10103270

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

5 FORD PARK HOUSE, ULVERSTON, LA12 7JP
Incorporated 05/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Richard Daniel Frain

director · Since 05/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Mr Richard Daniel Frain

25–50% shares

British · England · Age 35

5, Ford Park House, Ulverston, LA12 7JP

Notified 06/04/2016

Former PSCs

Mr James Oliver Bell

Ceased 01/04/2025

Mr Robert Peter Smith

Ceased 01/04/2025

CompanyRankvs 16066+ SIC 41100 peers
56

Financial strength77th percentile among SIC peers · 19/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 20.57× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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16066Reform Developments Limited
66
How is this score calculated?
Financial strength19/25 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.

Liquidity20/20 pts

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

Longevity10/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/03/2025

Net Worth

£68k

Balance sheet strength

Cash

£11

Cash in the bank

Net Current Assets

£219k

Working capital

Current Assets

£230k

Current Liabilities

£11k

Fixed Assets

£9

Debtors

£230k

0avg. employees-1

Balance Sheet

Assets less current liabilities£219k
Signed by Mr R Frain,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202520.57+£189k
20248.39-£16k
20231.81-£23k
20220.52-£66k
20210.43—

Derived from filed accounts. Not audited figures.