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Reda Builders Ltd

11617765

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

FLAT 42 WENLOCK COURT, LONDON, N1 7QS
Incorporated 11/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Ms Erieta Pepa

director · Since 11/10/2018

SECRETARY

GREEK · UNITED KINGDOM · Age 37

Persons with Significant Control

Ms Erieta Pepa

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

Greek · United Kingdom · Age 37

Flat 42 Wenlock Court, New North Road, London, N1 7QS

Notified 11/10/2018

CompanyRankvs 31258+ SIC 43390 peers
39

Financial strength8th percentile among SIC peers · 2/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

-£14k

Balance sheet strength

Cash

£85

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£85

Current Liabilities

£16k

Fixed Assets

£2k

Debtors

£1k

3avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£8k
20230.38-£7k
2022-£6k
20212.37

Derived from filed accounts. Not audited figures.