−£19k
−366%vs May 2023Active10188371Private limited companyWatford
REDS DEVELOPMENT LIMITED
E25/10001
Summary
REDS DEVELOPMENT LIMITED is an active private limited company (company number 10188371) incorporated on 19 May 2016, registered in Watford. Its registered activity is roofing activities (SIC 43910). Latest small accounts cover the period ending 31 May 2024, showing net assets of −£19k and cash of £3,000, with 2 employees on average. Net assets fell 366% on the prior period (£7,235).
Peer position · net assets
By net assets it sits in the bottom quarter of 809 comparable companies in Greater London (median £4,790, upper quartile £40k).
02
Key dates
- Incorporated
- 19 May 201610 yrs ago
- Next accounts due
- 28 February 2026236 days overdue
- Confirmation statement due
- 2 June 2027in 223 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 43910
- Roofing activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£3,000
−12%vs May 2023Not reported
2
No changevs May 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2024 | −£19k | £3,000 | £45k | — | — | — | 2 |
| 31 May 2023 | £7,235 | £3,405 | £9,049 | — | — | — | 2 |
Cash per employee£1,500Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
25 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-19,246 at 2024-05-31 |
| −8 | Net assets falling-366.0% vs prior period |
| +8 | EstablishedIncorporated 2016-05-19 (10 years) |
| −10 | Accounts overdueDue 2026-02-28 |
| 25 | Score, grade E |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Gary Coyle
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 223 days
- Next accounts due236 days overdue
- Accounts period endNet liabilities £19k · small accounts
- Accounts period endNet assets £7,235 · small accounts
- Incorporated
08
Similar companies in Greater London
- S&D ROOFING (LONDON) LIMITEDOrpington · inc. May 2016
- ELITE ROOFING SYSTEMS LTDDartford · inc. May 2016
- ENDEAVOUR ROOFING CONTRACTORS LONDON LIMITEDSurbiton · inc. May 2016
- TRC SOUTH-EAST LIMITEDRuislip Manor · inc. Apr 2016
- GUTTER REPAIRS LTDWatford · inc. Jun 2016
- DO ROOFING LTDWatford · inc. Apr 2016
All companies incorporated on 19 May 2016 · in May 2016.
09
Reminders for REDS DEVELOPMENT LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.