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Right Yield Limited

12804160

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

87 LEVETT GARDENS, ILFORD, IG3 9BU
Incorporated 11/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate

Officers

Mr Shaide Iqbal

director · Since 11/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 7 other boards

Persons with Significant Control

Mr Shaide Iqbal

Significant control

British · United Kingdom · Age 45

87, Levett Gardens, Ilford, IG3 9BU

Notified 11/08/2020

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 24/11/2021Registered 25/11/2021

CompanyRankvs 59215+ SIC 41100 peers
32

Financial strength20th percentile among SIC peers · 5/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.73× · 6/20
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 strength5/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

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

Liquidity6/20 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 31/08/2024

Net Worth

-£1k

Balance sheet strength

Cash

£120

Cash in the bank

Net Current Assets

-£154k

Working capital

Current Assets

£411k

Current Liabilities

£565k

Fixed Assets

£336k

2avg. employees+1

Tax at Year End

Corp tax£529

Director Loans

Company owes directors£564k

Balance Sheet

Assets less current liabilities£182k
Signed by Mr Shaide IQBAL 29/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73-£5k
20230.00+£2k
20220.68

Derived from filed accounts. Not audited figures.