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Reco Civils Ltd

13188052

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

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

Details

UNIT 16, CLIFFSIDE INDUSTRIAL ESTATE, GRAYS, RM17 5XR
Incorporated 09/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr Paul Coady

director · Since 28/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Mr Jay Piggott

director · Since 27/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 35

Mr Benjamin Read

director · Since 13/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Paul Coady

25–50% shares
25–50% votes

British · England · Age 44

Unit 16, Cliffside Industrial Estate, Askew Farm Lane, Grays, RM17 5XR

Notified 09/02/2021

Mr Benjamin Read

25–50% shares
25–50% votes

British · England · Age 45

Unit 16, Cliffside Industrial Estate, Askew Farm Lane, Grays, RM17 5XR

Notified 08/06/2023

Charges1 outstanding

Charge
outstanding

ECAPITAL COMMERCIAL FINANCE LIMITED

Created 04/12/2023Registered 07/12/2023

CompanyRankvs 2309+ SIC 77320 peers
38

Financial strength52th percentile among SIC peers · 13/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength13/25 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.

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.

Longevity5/15 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 28/02/2024

Net Worth

£39k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

-£93k

Working capital

Current Assets

£290k

Current Liabilities

£384k

Fixed Assets

£152k

Debtors

£256k

2avg. employees

Tax at Year End(2023)

VAT£2k

Balance Sheet

Assets less current liabilities£59k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.76+£41k
20230.01£35k

Derived from filed accounts. Not audited figures.