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Locks Ride Developments Ltd

14946017

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

26 STATION ROAD, WATFORD, WD17 1JU
Incorporated 19/06/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Rajinder Singh Banga

director · Since 19/06/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 15 other boards

Mr David John Hartnett

director · Since 19/06/2023

DIRECTOR

IRISH · ENGLAND · Age 46

Also on 11 other boards

Persons with Significant Control

Mountbatten Estates Limited

25–50% shares
25–50% votes

1, London Road, Ipswich, IP1 2HA

Notified 19/06/2023

Ablegrip Investments Limited

25–50% shares
25–50% votes

925, Finchley Road, London, NW11 7PE

Notified 19/06/2023

CompanyRankvs 128431+ SIC 68100 peers
35

Financial strength3th percentile among SIC peers · 1/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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128431Locks Ride Developments Ltd
34
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.

Employees14/15 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.

Longevity3/15 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 30/06/2025

Net Worth

-£157k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£157

Working capital

Current Assets

£157

Current Liabilities

£214k

Fixed Assets

£59k

3avg. employees

Balance Sheet

Assets less current liabilities£59k
Signed by Mr Rajinder Banga 2 April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£118k
20240.01—

Derived from filed accounts. Not audited figures.