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Spearhead Homes Ltd

10525819

active
ltd
england wales
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

197 Silverdale Road, Earley, Reading, RG6 7NY
Incorporated 14/12/2016

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/12/2025

Due 16/12/2026

On track

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

Ravi Kumar Vadugu

director · Since 14/12/2016

British · United Kingdom · Age 51

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

Change History

statusactive
2026-06-26

Active

typeltd
2026-06-26

Private Limited Company

address line1197 Silverdale Road
2026-06-26

197 SILVERDALE ROAD

post townReading
2026-06-26

READING

CompanyRankvs 107339+ 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

Derived from filed accounts. Not audited figures.