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Rsw Properties Development Ltd

14431060

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

OLYMPIC HOUSE, ILFORD, IG1 1BA
Incorporated 20/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Salman Ahmed Riaz

director · Since 20/10/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 6 other boards

Mrs Javaria Salman

director · Since 20/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Salman Ahmed Riaz

25–50% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 53

Olympic House, 28-42 Clements Road, Ilford, IG1 1BA

Notified 20/10/2022

Mrs Javaria Salman

25–50% shares

British · England · Age 46

Olympic House, 28-42 Clements Road, Ilford, IG1 1BA

Notified 20/10/2022

Charges5 outstanding

Charge
outstanding

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CompanyRankvs 87248+ SIC 68100 peers
34

Financial strength40th percentile among SIC peers · 10/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength10/25 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.

Liquidity12/20 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.

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 31/10/2024

Net Worth

£48

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£246k

Working capital

Current Assets

£1.0M

Current Liabilities

£766k

Fixed Assets

£911k

0avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20241.32
2023454.27

Derived from filed accounts. Not audited figures.