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Reedeveloped Ltd

12280323

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

APEX CHAMBER, ILFORD, IG1 2JY
Incorporated 24/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Reetesh Mohabeer

director · Since 24/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Reetesh Mohabeer

75–100% shares

British · England · Age 42

Apex Chamber, 58-A Ilford Lane, Ilford, IG1 2JY

Notified 24/10/2019

Charges1 outstanding

Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 30/06/2023Registered 30/06/2023
Charge
satisfied

ALDERMORE BANK PLC

Created 04/11/2020Registered 09/11/2020Satisfied 11/09/2023

CompanyRankvs 255781+ SIC 68209 peers
20

Financial strength13th percentile among SIC peers · 3/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity7 years trading (max 15) · 7/15
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.

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.

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 31/10/2024

Net Worth

-£12k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£233k

Working capital

Current Assets

£33k

Current Liabilities

£270k

Fixed Assets

£222k

0avg. employees

Balance Sheet

Assets less current liabilities-£11k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£71
20230.12-£6k
20220.17-£4k

Derived from filed accounts. Not audited figures.