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Rendlesham Development Limited

13466616

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1 MISTRY HOUSE, LUTON, LU2 0NT
Incorporated 20/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Guramar Singh Virdi

director · Since 20/06/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 27

Also on 5 other boards

Persons with Significant Control

Mr Guramar Singh Virdi

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

British · England · Age 27

Unit 1, Mistry House, Luton, LU2 0NT

Notified 20/06/2021

Grove Park Homes Ltd

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

204 Field End Road, Pinner, HA5 1RD

Reg: 13471451 · Companies House · Limited Company

Notified 20/06/2021

Charges2 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 29/11/2021Registered 01/12/2021
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 29/11/2021Registered 01/12/2021

CompanyRankvs 74904+ SIC 41100 peers
20

Financial strength5th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.03× · 2/20
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 strength1/25 pts

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

Employees7/15 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.

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 30/06/2024

Net Worth

-£145k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£714k

Working capital

Current Assets

£24k

Current Liabilities

£738k

Fixed Assets

£571k

1avg. employees

Balance Sheet

Assets less current liabilities-£143k
Signed by Mr Guramar Virdi 31st March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£69k
20230.03-£39k
20220.10

Derived from filed accounts. Not audited figures.