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Ruut Development Limited

13558993

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

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

Details

23 CHARTER STREET, LEICESTER, LE1 3UD
Incorporated 10/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Utkarsh Maheshbhai Thakkar

director · Since 10/08/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 31

Also on 7 other boards

Persons with Significant Control

Mr Utkarsh Maheshbhai Thakkar

25–50% shares
25–50% votes
Appoint directors

British · England · Age 31

23, Charter Street, Leicester, LE1 3UD

Notified 10/08/2021

K7 Associates Ltd

25–50% shares
25–50% votes

109 Coleman Road, Leicester, LE5 4LE

Reg: 10104788 · N/A · Limited Company

Notified 31/05/2023

Former PSCs

Mr Harvir Kalsi

Ceased 31/05/2023

Charges12 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 24/07/2025Registered 30/07/2025
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 24/07/2025Registered 25/07/2025
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 04/03/2025Registered 06/03/2025
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 04/03/2025Registered 06/03/2025
Charge
outstanding

MOMENTUM FINANCE GROUP SPV1 LIMITED

Created 30/10/2024Registered 02/11/2024
Charge
outstanding

MOMENTUM FINANCE GROUP SPV1 LIMITED

Created 30/10/2024Registered 02/11/2024
Charge
outstanding

OVERTURE CAPITAL LIMITED

Created 06/03/2024Registered 06/03/2024
Charge
outstanding

OVERTURE CAPITAL LIMITED

Created 06/03/2024Registered 06/03/2024
Charge
outstanding

THINK PROPERTY TRUSTEE LTD

Created 29/01/2024Registered 30/01/2024
Charge
outstanding

THINK PROPERTY TRUSTEE LTD

Created 29/01/2024Registered 30/01/2024
Charge
outstanding

THINK PROPERTY TRUSTEE LTD

Created 16/10/2023Registered 02/11/2023
Charge
outstanding

THINK PROPERTY TRUSTEE LTD

Created 16/10/2023Registered 02/11/2023
Charge
satisfied

PLYMOUTH WAREHOUSE LIMITED

Created 05/07/2023Registered 05/07/2023Satisfied 06/03/2024
Charge
satisfied

PLYMOUTH WAREHOUSE LIMITED

Created 05/07/2023Registered 05/07/2023Satisfied 06/03/2024

CompanyRankvs 163752+ SIC 68100 peers
18

Financial strength24th percentile among SIC peers · 6/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.01× · 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 strength6/25 pts

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

Employees0/15 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 30/11/2024

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£580k

Working capital

Current Assets

£4k

Current Liabilities

£584k

Fixed Assets

£1.1M

Balance Sheet

Assets less current liabilities£510k
Signed by U M Thakkar 28th November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.01
20230.01
20220.01

Derived from filed accounts. Not audited figures.