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Rheumestate Ltd

12768181

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

OFFICE 1, 21, WALSALL, WS4 2LA
Incorporated 24/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Dr Ravinder Kaur Sandhu

director · Since 24/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Dr Ravinder Singh Sandhu

director · Since 24/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

Dr Ravinder Singh Sandhu

25–50% shares
25–50% votes

British · United Kingdom · Age 51

Office 1, 21, Hatherton Street, Walsall, WS4 2LA

Notified 24/07/2020

Dr Ravinder Kaur Sandhu

25–50% shares
25–50% votes

British · England · Age 52

Office 1, 21, Hatherton Street, Walsall, WS4 2LA

Notified 24/07/2020

Charges2 outstanding

Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 28/06/2024Registered 01/07/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 19/01/2021Registered 20/01/2021

CompanyRankvs 120912+ SIC 68209 peers
40

Financial strength59th percentile among SIC peers · 15/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength15/25 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.

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.

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.

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 31/07/2025

Net Worth

£10k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£214k

Working capital

Current Assets

£11k

Current Liabilities

£224k

Fixed Assets

£426k

2avg. employees

Balance Sheet

Assets less current liabilities£212k
Signed by Dr Ravinder Singh Sandhu 23/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05+£7k
20240.01-£637
20230.07+£2k
20220.07+£2k
20210.05

Derived from filed accounts. Not audited figures.