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Rv Narad Ltd

13809271

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

196 MARLBOROUGH ROAD, ROMFORD, RM7 8AL
Incorporated 20/12/2021

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

Mrs Ritu Narad

director · Since 20/12/2021

BUSINESSWOMAN

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Mr Vishal Narad

director · Since 20/12/2021

BUSINESSMAN

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mrs Ritu Narad

75–100% shares

British · England · Age 47

196, Marlborough Road, Romford, RM7 8AL

Notified 20/12/2021

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 12/05/2022Registered 16/05/2022

CompanyRankvs 157563+ SIC 68100 peers
19

Financial strength15th percentile among SIC peers · 4/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.02× · 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 strength4/25 pts

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

Employees3/15 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 31/12/2024

Net Worth

-£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£49k

Working capital

Current Assets

£1k

Current Liabilities

£50k

Fixed Assets

£171k

0avg. employees

Balance Sheet

Assets less current liabilities£122k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£252
20230.01-£1k
20220.00

Derived from filed accounts. Not audited figures.