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Rdl1 Limited

10458532

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

60 LONDON WALL, 1ST FLOOR, LONDON, EC2M 5TQ
Incorporated 02/11/2016

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/09/2025

Due 23/09/2026

On track

Industry

41100
Development of building projects

Officers

Mr Ghee Yong Ong

director · Since 27/07/2023

COMPANY DIRECTOR

SINGAPOREAN · SINGAPORE · Age 46

Also on 1 other board

Mr Ben Hur Baraki

director · Since 26/03/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 17 other boards

Ms Lei Liu

secretary · Since 27/10/2025

Persons with Significant Control

Former PSCs

Mr Christopher John Leslie Burdge

Ceased 24/09/2020

Mr Alan Francis Springford

Ceased 24/09/2020

Ravenridge Holdings Limited

Ceased 24/09/2020

Charges0 outstanding

Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 23/10/2017Registered 09/11/2017Satisfied 26/09/2020
Charge
satisfied

BRITISH ARAB COMMERCIAL BANK PLC

Created 21/07/2017Registered 28/07/2017Satisfied 26/09/2020

CompanyRankvs 73626+ SIC 41100 peers
24

Financial strength4th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 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

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

always remain an inherent uncertainty, the director has no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Company to continue as a going concern and therefore considers it both appropriate to continue to adopt the going concern basis in preparing the Company's financial statements and to not recognise any adjustments in the financ

Key FinancialsYear ending 31/12/2024

Net Worth

-£179k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£179k

Working capital

Current Assets

£23.3M

Current Liabilities

£23.5M

Debtors

£171k

0avg. employees

Tax at Year End(2022)

Corp tax£7k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99-£71k
20230.99-£55k
20221.00-£11k
20210.99
20201.00
20201.48+£10.4M
20191.53

Derived from filed accounts. Not audited figures.