The Reed Asset Company Limited
10484553
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/11/2016
PROPERTY
BRITISH · ENGLAND · Age 52
Also on 5 other boards
Persons with Significant Control
Mrs Helen Lorraine Reed
British · England · Age 52
16a, Kitson Hill Road, Mirfield, WF14 9EL
Notified 17/11/2016
Charges4 outstanding
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CompanyRankvs 139163+ SIC 68100 peers26
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/04/2024
Net Worth
-£35k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£115k
Working capital
Current Assets
£132k
Current Liabilities
£247k
Fixed Assets
£766k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.54 | — |
| 2023 | 0.60 | — |
| 2022 | 0.63 | +£31k |
| 2021 | 0.00 | +£4k |
| 2020 | — | -£27k |
| 2019 | -0.00 | — |
Derived from filed accounts. Not audited figures.