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Romico Ltd

11634232

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • 5 outstanding charges (-10)

Details

LEAVESDEN PARK, WATFORD, WD25 7GS
Incorporated 22/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Yogesh Solanki

director · Since 22/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Persons with Significant Control

Mr Yogesh Solanki

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

British · United Kingdom · Age 63

Leavesden Park, Suite 1, 5 Hercules Way, Watford, WD25 7GS

Notified 22/10/2018

Charges5 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 22/05/2020Registered 22/05/2020
Charge
satisfied

PARAGON BANK PLC

Created 22/05/2020Registered 22/05/2020Satisfied 30/05/2022
Charge
outstanding

HANDELSBANKEN PLC

Created 03/04/2020Registered 15/04/2020
Charge
outstanding

HANDELSBANKEN PLC

Created 03/04/2020Registered 14/04/2020
Charge
outstanding

PARAGON BANK PLC

Created 01/04/2020Registered 01/04/2020
Charge
outstanding

PARAGON BANK PLC

Created 30/03/2020Registered 31/03/2020

CompanyRankvs 149533+ SIC 68209 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.41× · 12/20
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 strength1/25 pts

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

Employees9/15 pts

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

Liquidity12/20 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

-£124k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£559k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.4M

Fixed Assets

£50

1avg. employees

Balance Sheet

Assets less current liabilities£559k
Signed by 11634232 2024-04-01 2025-03-31 11634232 2025-03-31 11634232 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.41+£353k
20240.08+£34k
20230.09+£56k
20220.08-£622k
20210.27+£51k
20200.58

Derived from filed accounts. Not audited figures.