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Ridgeway Developments (Midlands) Limited

12871807

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

Ridgeway Farm Well Lane, Little Witley, Worcester, WR6 6LN
Incorporated 10/09/2020

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 09/09/2025

Due 23/09/2026

On track

Industry

41100
Development of building projects

Officers

Mr Adam John Drew

director · Since 10/09/2020

BUILDER

BRITISH · UNITED KINGDOM · Age 61

Also on 6 other boards

Adam John Drew

director · Since 10/09/2020

British · United Kingdom · Age 61

Persons with Significant Control

Mr Adam John Drew

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

British · United Kingdom · Age 61

Ridgeway Farm, Well Lane, Worcester, WR6 6LN

Notified 10/09/2020

Change History

statusactive
2026-07-21

Active

typeltd
2026-07-21

Private Limited Company

address line1Ridgeway Farm Well Lane
2026-07-21

RIDGEWAY FARM WELL LANE

post townWorcester
2026-07-21

WORCESTER

CompanyRankvs 54829+ SIC 41100 peers
40

Financial strength10th percentile among SIC peers · 3/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.24× · 2/20
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 strength3/25 pts

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

Employees14/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2025

Net Worth

-£37k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£22k

Current Liabilities

£91k

Fixed Assets

£39k

Debtors

£14k

5avg. employees

Tax at Year End

VAT£3k

Director Loans

Company owes directors£57k

Balance Sheet

Assets less current liabilities-£30k
Signed by Mr Adam Drew 30/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.24+£5k£68k
20240.30-£54k£68k
20231.00£12k

Derived from filed accounts. Not audited figures.