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Rightpath Properties Limited

11374325

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

NEW CENTURY HOUSE 17-21 NEW CENTURY ROAD, BASILDON, SS15 6AG
Incorporated 21/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Andrew Peter Commins

director · Since 21/05/2018

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Reade & May Holdings

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

1, Market Square Chambers, 4 West Street, Rochford, SS4 1AL

Reg: 9419750 · The Registrar Of Companies For England And Wales · Limited Company

Notified 21/05/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/09/2018Registered 01/10/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/09/2018Registered 27/09/2018Satisfied 01/07/2022

CompanyRankvs 140342+ SIC 68100 peers
21

Financial strength10th percentile among SIC peers · 3/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
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.

Employees3/15 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.

Longevity8/15 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 31/03/2025

Net Worth

-£27k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£14k

Current Liabilities

£1.1M

Fixed Assets

£1.1M

Debtors

£7k

0avg. employees

Tax at Year End

VAT£2k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.01-£14k£31k
20240.02-£24k£18k
20230.04-£7k
202225.83-£21k
2021100.77

Derived from filed accounts. Not audited figures.