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Redditch Ventures Ltd

10802427

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

THE MALTINGS, SMETHWICK, B66 4AR
Incorporated 05/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Amit Abhol

secretary · Since 05/06/2017

Also on 2 other boards

Mr Amit Abhol

director · Since 05/06/2017

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 47

Also on 2 other boards

Persons with Significant Control

Rana Group Ltd

75–100% shares
75–100% votes
Appoint directors

The Maltings, 2 Anderson Road, Birmingham, B66 4AR

Reg: 10873866 · England · Limited Company

Notified 08/11/2024

Former PSCs

Mr Amit Abhol

Ceased 08/11/2024

Charges3 outstanding

Charge
outstanding

PAPA JOHN’S (GB) LIMITED

Created 19/04/2023Registered 20/04/2023
Charge
outstanding

PAPA JOHNS (GB) LTD

Created 24/04/2019Registered 24/04/2019
Charge
outstanding

HSBC BANK PLC

Created 20/06/2017Registered 22/06/2017

CompanyRankvs 532+ SIC 56103 peers
72

Financial strength95th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.2× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 30/06/2024

Net Worth

£77k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£134k

Working capital

Current Assets

£195k

Current Liabilities

£61k

Fixed Assets

£53k

Debtors

£184k

8avg. employees-1

Tax at Year End

Corp tax£7k

Balance Sheet

Assets less current liabilities£187k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.20-£33k
20233.79+£22k
20224.00+£59k
20213.73+£112k
20201.75+£64k
20190.19
20180.34

Derived from filed accounts. Not audited figures.