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Redbridge Developers Limited

10191184

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

7 REDBRIDGE LANE EAST, ILFORD, IG4 5ET
Incorporated 20/05/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Jitendra Chhotabhai Patel

director · Since 05/11/2016

PHARMACIST

BRITISH · ENGLAND · Age 68

Also on 6 other boards

Mr Rajnikant Chhotabhai Patel

director · Since 27/05/2026

BRITISH · ENGLAND · Age 77

Also on 2 other boards

Persons with Significant Control

Mr Rajnikant Chhotabhai Patel

75–100% shares

British · England · Age 77

7, Redbridge Lane East, Ilford, IG4 5ET

Notified 20/05/2016

Former PSCs

Mr Sameer Ahuja

Ceased 25/09/2020

Mr Jitendra Chhotabhai Patel

Ceased 09/05/2025

Charges3 outstanding

Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 06/05/2021Registered 18/05/2021
Charge
outstanding

LENDINVEST SECURITY TRUSTEES LIMITED

Created 30/09/2020Registered 01/10/2020
Charge
outstanding

LENDINVEST SECURITY TRUSTEES LIMITED

Created 30/09/2020Registered 01/10/2020
Charge
satisfied

BLUELAUREL LIMITED · DUMORE INVESTMENTS LIMITED

Created 27/06/2019Registered 27/06/2019Satisfied 26/01/2021
Charge
satisfied

JITENDRA CHHOTABHAI PATEL · RAJNIKANT CHHOTABHAI PATEL · SAMEER AHUJA

Created 19/12/2018Registered 25/12/2018Satisfied 24/09/2020
Charge
satisfied

GARY REYNOLDS AS TRUSTEE OF THE DENTONS SELF-INVESTED PERSONAL PENSION RELATING TO G REYNOLDS · DENTON & CO. TRUSTEES LIMITED AS TRUSTEE OF THE DENTONS SELF-INVESTED PERSONAL PENSION RELATING · HVH CAPITAL LIMITED · DUMORE INVESTMENTS LIMITED

Created 21/04/2017Registered 27/04/2017Satisfied 25/09/2020
Charge
satisfied

DUMORE INVESTMENTS LIMITED · BLUELAUREL LIMITED

Created 02/12/2016Registered 05/12/2016Satisfied 24/09/2020

CompanyRankvs 59231+ SIC 41202 peers
23

Financial strength1th percentile among SIC peers · 0/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£607k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£583k

Working capital

Current Assets

£633k

Current Liabilities

£1.2M

Debtors

£582k

0avg. employees

Balance Sheet

Assets less current liabilities-£583k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.52-£352
20240.52-£344
20230.55-£275
20220.55+£7k
20210.78+£40k
20200.76-£474k
20190.95-£172k
20181.00

Derived from filed accounts. Not audited figures.