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Reeds Developments Ltd

12764655

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

11 Leslie Avenue, Taunton, TA2 6JN
Incorporated 23/07/2020

Compliance

Last accounts

31/12/2025

micro entity

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 24/11/2025

Due 08/12/2026

On track

Industry

41100
Development of building projects

Officers

Mr Shaun Michael Reed

director · Since 09/08/2020

SALES PROMOTER

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Shaun Michael Reed

director · Since 09/08/2020

British · England · Age 44

Former

Richard Kenneth Reed

director · Resigned 10/08/2020

Richard Kenneth Reed

director · Resigned 07/12/2020

Catherine Anne Stella Louis

director · Resigned 27/11/2025

Persons with Significant Control

Mr Shaun Michael Reed

25–50% shares

British · England · Age 44

11, Leslie Avenue, Taunton, TA2 6JN

Notified 25/08/2020

Former PSCs

Mr Richard Kenneth Reed

Ceased 10/08/2020

Mr Richard Kenneth Reed

Ceased 07/12/2020

Change History

statusactive
2026-07-11

Active

typeltd
2026-07-11

Private Limited Company

address line111 Leslie Avenue
2026-07-11

11 LESLIE AVENUE

post townTaunton
2026-07-11

TAUNTON

officer appointedREED, Shaun Michael
2026-07-11

CompanyRankvs 40816+ SIC 41100 peers
49

Financial strength4th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 8.68× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees7/15 pts

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

Liquidity20/20 pts

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

Longevity6/15 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 31/12/2025

Net Worth

-£172k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£8k

Current Liabilities

£967

Fixed Assets

£0

1avg. employees-1

Balance Sheet

Assets less current liabilities£7k
Signed by 1.1.25Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20258.68-£100k
20242.06-£24k
20234.92-£78k
20224.76
2021NaN

Derived from filed accounts. Not audited figures.