Back to search

Reduction Engineering Ltd

14257285

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

251 GRAY'S INN ROAD, LONDON, WC1X 8QT
Incorporated 26/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Joseph Blair Lindsay Miller

director · Since 26/07/2022

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 27

Persons with Significant Control

Mr Joseph Blair Lindsay Miller

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

British · England · Age 27

251, Gray's Inn Road, London, WC1X 8QT

Notified 26/07/2022

CompanyRankvs 49545+ SIC 62020 peers
60

Financial strength81th percentile among SIC peers · 20/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.78× · 16/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Technology Means Business Limited
90
2Carr Royd Parks Limited
90
3Concentration Heat And Momentum Limited
90
4Quill Pinpoint Limited
90
5Tba Doncaster Limited
90
6Optio Systems Limited
90
7Intech Limited
90
8Hamilton Grant Software Ltd.
90
9Amshire Solutions Limited
90
10Communications Software (Airline Systems) Limited
90
49545Reduction Engineering Ltd
55
How is this score calculated?
Financial strength20/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2025

Net Worth

£59k

Balance sheet strength

Cash

£130k

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£130k

Current Liabilities

£73k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£59k
Signed by Joseph Blair Lindsay Miller 27/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.78+£34k
20241.33+£3k
20231.75—

Derived from filed accounts. Not audited figures.