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121 Rydes Ltd

12021937

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

349C HIGH ROAD, WOOD GREEN, N22 8JA
Incorporated 29/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Mr Parkash Singh Sachdev

director · Since 24/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Persons with Significant Control

Mr Parkash Singh Sachdev

75–100% shares
voting-rights-75-to-100-percent-as-trust
Appoint directors

British · United Kingdom · Age 67

Portacabin, 32-36 Station Road, Wood Green, N22 6UX

Notified 24/11/2022

Former PSCs

Miss Eda Yaman

Ceased 24/11/2022

Mr Fateh-Ur Rehman

Ceased 27/03/2025

CompanyRankvs 8676+ SIC 49320 peers
36

Financial strength9th percentile among SIC peers · 2/25
Employees83th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/05/2025

Net Worth

-£13k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

Current Liabilities

£3k

Fixed Assets

£8k

3avg. employees

Balance Sheet

Assets less current liabilities£13k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£0
2025-£25k
202440.64+£6k
20233.53

Derived from filed accounts. Not audited figures.