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Ratio Developments Ltd

12857755

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

17A ELECTRIC LANE, LONDON, SW9 8LA
Incorporated 04/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41201
Construction of commercial buildings
41202
Construction of domestic buildings
68100
Buying and selling of own real estate

Officers

Mr Dennis Kwuku Yentumi

director · Since 04/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 8 other boards

Persons with Significant Control

Mr Dennis Kwuku Yentumi

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 42

17a, Electric Lane, London, SW9 8LA

Notified 04/09/2020

Charges4 outstanding

Charge
outstanding

SILVERSTREAM FINANCE (HAMPSTEAD) LIMITED

Created 27/05/2025Registered 03/06/2025
Charge
outstanding

SILVERSTREAM FINANCE (HAMPSTEAD) LIMITED

Created 27/05/2025Registered 30/05/2025
Charge
outstanding

SILVERSTREAM FINANCE (HAMPSTEAD) LIMITED

Created 27/05/2025Registered 30/05/2025
Charge
outstanding

ONESAVINGS BANK PLC

Created 29/11/2023Registered 14/12/2023
Charge
satisfied

THE KENT COUNTY COUNCIL

Created 02/02/2023Registered 02/02/2023Satisfied 08/12/2023
Charge
satisfied

THE KENT COUNTY COUNCIL

Created 22/11/2021Registered 22/11/2021Satisfied 08/12/2023
Charge
satisfied

GARFIELD ELVIS HYACINTH REECE · ANNE ELIZABETH REECE

Created 19/04/2021Registered 30/04/2021Satisfied 10/11/2021

CompanyRankvs 85127+ SIC 41100 peers
14

Financial strength5th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.19× · 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 strength1/25 pts

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

Employees0/15 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 30/09/2024

Net Worth

-£160k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£90k

Working capital

Current Assets

£21k

Current Liabilities

£110k

Fixed Assets

£886

Debtors

£2k

Director Loans

Company owes directors£79k

Balance Sheet

Assets less current liabilities-£89k
Signed by Mr Dennis Yentumi 30/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.19+£256k
20230.03-£41k
20220.12-£334k
20210.03

Derived from filed accounts. Not audited figures.