Reedpalm Limited
12498881
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Gurdeep Singh
Indian · England · Age 41
50, Princes Street, Ipswich, IP1 1RJ
Notified 21/11/2022
Former PSCs
Ceri John
Ceased 08/02/2022
Mrs Kamwaljit Kaur Purewal
Ceased 21/11/2022
CompanyRankvs 2985+ SIC 42110 peers31
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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 31/03/2025
Net Worth
-£6k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£6k
Working capital
Current Assets
£10k
Current Liabilities
£16k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.65 | +£0 |
| 2025 | 0.65 | -£776 |
| 2024 | 0.31 | -£7k |
| 2023 | 1.33 | — |
Derived from filed accounts. Not audited figures.