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Spearhead Homes Ltd

10525819

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

197 SILVERDALE ROAD, READING, RG6 7NY
Incorporated 14/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr. Ravi Kumar Vadugu

director · Since 14/12/2016

PROPERTY INVESTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Persons with Significant Control

Mr. Ravi Kumar Vadugu

75–100% shares
75–100% votes

British · United Kingdom · Age 51

Milton House, 33a Milton Road, Hampton, TW12 2LL

Notified 14/12/2016

Charges8 outstanding

Charge
outstanding

GODIVA MORTGAGES LIMITED

Created 12/03/2026Registered 12/03/2026
Charge
outstanding

GODIVA MORTGAGES LIMITED

Created 12/03/2026Registered 12/03/2026
Charge
outstanding

ALDERMORE BANK PLC

Created 22/01/2024Registered 24/01/2024
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 24/05/2021Registered 24/05/2021
Charge
outstanding

PARAGON BANK PLC

Created 17/04/2020Registered 07/05/2020
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 29/01/2019Registered 29/01/2019
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 17/01/2019Registered 22/01/2019Satisfied 24/01/2024
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 17/01/2019Registered 21/01/2019Satisfied 24/01/2024
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 28/02/2018Registered 02/03/2018
Charge
outstanding

PARAGON BANK PLC

Created 09/02/2018Registered 14/02/2018
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 16/08/2017Registered 01/09/2017Satisfied 24/01/2024
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED, TRADING AS PRECISE MORTGAGES

Created 04/08/2017Registered 09/08/2017Satisfied 24/01/2024

CompanyRankvs 105932+ SIC 68100 peers
29

Financial strength12th percentile among SIC peers · 3/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.03× · 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 strength3/25 pts

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

Employees9/15 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 31/12/2024

Net Worth

-£21k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£91k

Working capital

Current Assets

£3k

Current Liabilities

£94k

Fixed Assets

£355k

1avg. employees

Balance Sheet

Assets less current liabilities£263k
Signed by Mr. Ravi Vadugu 20 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03+£9k
20230.03+£7k
20220.03+£0
20220.03+£9k
20210.02-£5k
20200.05+£632
20190.02-£5k
20180.05

Derived from filed accounts. Not audited figures.