RIC DEVELOPMENTS LTD

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Executive Summary

RIC DEVELOPMENTS LTD holds significant fixed assets financed predominantly by long-term liabilities, resulting in negative equity and minimal liquidity. The company shows symptoms of financial distress with negative net assets and negligible working capital, posing risks to its financial stability. To improve health, focus should be on enhancing liquidity, injecting equity, managing debt prudently, and clarifying operational strategy.

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Who controls this company?

Dr Balvinder Singh Rai

Correspondence address
16 The Courtyard, Gorsey Lane, Coleshill, Birmingham, England, B46 1JA
Date of birth
March 1959
Notified on
2025-05-31
Nationality
British
Country of residence
England
 
Source data
Nature of control
Owns more than 75% of the company's shares

Mrs Ranbir Kaur Rai - Watson

HISTORIC INFORMATION
Ceased on
2025-05-31
Correspondence address
1a, Blakesfield Drive, Barnt Green, Birmingham, England, B45 8JT
Date of birth
August 1970
Notified on
2022-02-21
Nationality
British
Country of residence
England
 
Source data
Nature of control
Owns more than 75% of the company's shares
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