Reid Surfacing Ltd
11703888
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/11/2018
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 59
Also on 7 other boards
Persons with Significant Control
Mr Ronald Parker
British · United Kingdom · Age 59
2, Denewell Avenue, Newcastle Upon Tyne, NE7 7YB
Notified 29/11/2018
Miss Debbie Reid
British · United Kingdom · Age 56
2, Denewell Avenue, Newcastle Upon Tyne, NE7 7YB
Notified 28/11/2020
CompanyRankvs 498+ SIC 42110 peers74
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/11/2024
Net Worth
£326k
Balance sheet strength
Cash
£33k
Cash in the bank
Net Current Assets
£98k
Working capital
Current Assets
£125k
Current Liabilities
£27k
Fixed Assets
£448k
Debtors
£92k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.64 | -£49k |
| 2023 | 3.80 | +£159k |
| 2022 | 1.48 | -£37k |
| 2021 | 10.56 | +£156k |
| 2020 | 3.08 | +£39k |
| 2019 | 3.34 | — |
Derived from filed accounts. Not audited figures.