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Reading West Development Limited

10492164

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

79 PARK LANE, CROYDON, CR0 1JG
Incorporated 23/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Pankaj Patel

director · Since 23/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 9 other boards

Persons with Significant Control

Mr Pankaj Patel

Significant control

British · England · Age 57

79, Park Lane, Croydon, CR0 1JG

Notified 12/01/2017

Charges4 outstanding

Charge
outstanding

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CompanyRankvs 29647+ SIC 41100 peers
47

Financial strength91th percentile among SIC peers · 23/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.01× · 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 strength23/25 pts

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

Employees7/15 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 30/09/2025

Net Worth

£583k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2.8M

Working capital

Current Assets

£36k

Current Liabilities

£2.9M

Fixed Assets

£3.7M

1avg. employees

Balance Sheet

Assets less current liabilities£811k
Signed by 10492164 2024-10-01 2025-09-30 10492164 2025-09-30 10492164 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£0
20250.01-£80k
20240.01+£725k
20231.72-£48k
2022+£0
2021+£0
2020-£30
20190.00

Derived from filed accounts. Not audited figures.