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Reid Real Estate Ltd

12901513

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

22 WENDLING GARDENS, NOTTINGHAM, NG5 5TD
Incorporated 24/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Liam Reid

director · Since 24/09/2020

ENGINEER

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Liam Reid

Significant control

British · England · Age 38

22, Wendling Gardens, Nottingham, NG5 5TD

Notified 24/09/2020

Charges3 outstanding

Charge
outstanding

ONESAVINGS BANK PLC T/A KENT RELIANCE

Created 17/11/2022Registered 17/11/2022
Charge
outstanding

ALDERMORE BANK PLC

Created 04/11/2022Registered 10/11/2022
Charge
outstanding

BELMONT GREEN FINANCE LIMITED TRADING AS VIDA HOMELOANS

Created 02/08/2022Registered 11/08/2022
Charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 18/12/2020Registered 18/12/2020Satisfied 10/11/2022

CompanyRankvs 145653+ SIC 68100 peers
21

Financial strength3th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
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.

Employees9/15 pts

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

Liquidity0/20 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

-£117k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£327k

Working capital

Current Assets

Current Liabilities

£333k

Fixed Assets

£848k

1avg. employees

Balance Sheet

Bank loans & overdrafts£638k
Assets less current liabilities£521k
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2024-£20k
2023-£49k
2022-£8k

Derived from filed accounts. Not audited figures.