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Rhythm Estates Ltd

10320022

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

621 LOUGHBOROUGH ROAD, LEICESTER, LE4 4NJ
Incorporated 09/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Viren Dalpat Kotecha

director · Since 09/08/2016

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 12 other boards

Mr Mukeshkumar Vrajlal Thakrar

director · Since 09/08/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 1 other board

Persons with Significant Control

Mr Mukeshkumar Vrajlal Thakrar

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

British · United Kingdom · Age 73

21, High View Close, Hamilton, LE4 9LJ

Notified 09/08/2016

Mr Viren Dalpat Kotecha

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

British · England · Age 48

21, High View Close, Hamilton, LE4 9LJ

Notified 09/08/2016

Charges8 outstanding

Charge
outstanding

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CompanyRankvs 135992+ SIC 68209 peers
37

Financial strength79th percentile among SIC peers · 20/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength20/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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 31/08/2024

Net Worth

£117k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£520k

Working capital

Current Assets

£20k

Current Liabilities

£541k

Fixed Assets

£1.3M

Balance Sheet

Assets less current liabilities£731k
Signed by Mr Viren Kotecha 19 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04+£16k
20230.05+£12k
20220.05+£39k
20210.03+£5k
20200.16+£27k
20190.03+£6k
20180.01

Derived from filed accounts. Not audited figures.