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Rinde Group Property Ltd.

10894251

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

1 REGENT STREET, COVENTRY, CV1 3EP
Incorporated 01/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Olakunle Akunmu Babarinde

director · Since 01/08/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Mrs Jana Babarinde

director · Since 30/06/2022

SELF EMPLOYED

CZECH · ENGLAND · Age 46

Persons with Significant Control

Mr Olakunle Akunmu Babarinde

25–50% shares
25–50% votes
Appoint directors
significant-influence-or-control-as-firm

British · United Kingdom · Age 57

1, Regent Street, Coventry, CV1 3EP

Notified 01/08/2017

Former PSCs

Mrs Jana Babarinde

Ceased 30/04/2019

Charges9 outstanding

Charge
outstanding

TAB LONDON LIMITED

Created 20/12/2024Registered 01/01/2025
Charge
outstanding

OLAKUNLE BABARINDE & WHITEHALL TRUSTEES LIMITED AS THE TRUSTEES OF THE RINDE GROUP PENSION

Created 14/10/2022Registered 22/10/2022
Charge
outstanding

CHL MORTGAGES FOR INTERMEDIARIES LIMITED

Created 05/04/2022Registered 19/04/2022
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 20/12/2019Registered 23/12/2019
Charge
outstanding

FOCUSED LENDING LIMITED

Created 09/08/2019Registered 12/08/2019
Charge
satisfied

OLAKUNLE BABARINDE, WHITEHALL TRUSTEES LIMITED AS TRUSTEES OF THE RINDE GROUP PENSION

Created 10/07/2019Registered 31/07/2019Satisfied 07/04/2022
Charge
outstanding

FOCUSED LENDING LIMITED

Created 12/07/2019Registered 15/07/2019
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 03/07/2019Registered 04/07/2019
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 07/03/2019Registered 08/03/2019
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 07/03/2019Registered 08/03/2019

CompanyRankvs 114012+ SIC 68209 peers
45

Financial strength89th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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114012Rinde Group Property Ltd.
50
How is this score calculated?
Financial strength22/25 pts

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

Employees3/15 pts

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

Liquidity6/20 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 31/08/2024

Net Worth

£503k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£84k

Working capital

Current Assets

£183k

Current Liabilities

£267k

Fixed Assets

£2.0M

Debtors

£172k

Profit After Tax

£92k

0avg. employees

Tax at Year End(2022)

Dividends paid£26k

Balance Sheet

Bank loans & overdrafts£6k
Assets less current liabilities£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.69+£92k
20230.19+£168k
2022—+£77k
2021—+£134k
2020—+£17k

Derived from filed accounts. Not audited figures.