Back to search

R3 Asset Management Limited

10538307

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

9 MONKSEATON ROAD, SUTTON COLDFIELD, B72 1LB
Incorporated 23/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
70229
Management consultancy activities

Officers

Mr Parmeader Shinh

director · Since 23/12/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 10 other boards

Ms Roshni Shinh

secretary · Since 16/03/2026

Persons with Significant Control

Mr Parmeader Shinh

25–50% shares
25–50% votes

British · United Kingdom · Age 57

9, Monkseaton Road, Sutton Coldfield, B72 1LB

Notified 23/12/2016

Mrs Rekha Shinh

25–50% shares
25–50% votes

British · England · Age 55

9, Monkseaton Road, Sutton Coldfield, B72 1LB

Notified 23/12/2016

Charges2 outstanding

Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED · PARAGON BANK PLC

Created 11/05/2018Registered 18/05/2018
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 11/05/2018Registered 11/05/2018

CompanyRankvs 35350+ SIC 41100 peers
43

Financial strength76th percentile among SIC peers · 19/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength19/25 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 31/12/2024

Net Worth

£56k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£12k

Current Liabilities

£71k

Fixed Assets

£418k

1avg. employees

Tax at Year End

Corp tax£3k

Director Loans

Company owes directors£68k

Balance Sheet

Assets less current liabilities£358k
Signed by Mr Parmeader Shinh 16/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17+£3k
20230.12-£3k
20220.06+£6k
20210.20+£12k
20200.39+£13k
20190.26+£11k
20180.15

Derived from filed accounts. Not audited figures.