Reid & Reid Developments Limited
13049058
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/06/2025
total exemption full
Next accounts due
31/03/2027
Confirmation statement
Last: 26/11/2025
Due 10/12/2026
Industry
Officers
director · Since 27/11/2020
DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 5 other boards
Persons with Significant Control
Reid & Reid Investments Limited
1st Floor, Spitalfields House, Stirling Way, Borehamwood, WD6 2FX
Reg: 09624549 · England And Wales · Limited By Shares
Notified 27/11/2020
Charges1 outstanding
PALM FINANCE LIMITED
CompanyRankvs 82063+ SIC 68100 peers39
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/06/2025
Net Worth
£100
Balance sheet strength
Cash
£9k
Cash in the bank
Net Current Assets
-£18k
Working capital
Current Assets
£4.9M
Current Liabilities
£4.9M
Fixed Assets
£1k
Debtors
£14k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.00 |
| 2024 | 1.00 |
| 2023 | 1.00 |
| 2022 | 1.00 |
| 2021 | 1.00 |
Derived from filed accounts. Not audited figures.