RIC DEVELOPMENTS LTD
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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| Date | Description |
|---|---|
| 27/08/2527 August 2025 New | Confirmation statement made on 2025-08-27 with updates |
| 27/08/2527 August 2025 New | Notification of Balvinder Singh Rai as a person with significant control on 2025-05-31 |
| 27/08/2527 August 2025 New | Cessation of Ranbir Kaur Rai - Watson as a person with significant control on 2025-05-31 |
| 15/08/2515 August 2025 New | Registered office address changed from 1a Blakesfield Drive Barnt Green Birmingham B45 8JT England to 16 the Courtyard Gorsey Lane Coleshill Birmingham B46 1JA on 2025-08-15 |
| 09/04/259 April 2025 | Micro company accounts made up to 2024-02-28 |
| 07/03/257 March 2025 | Confirmation statement made on 2025-02-20 with no updates |
| 20/06/2420 June 2024 | Confirmation statement made on 2024-02-20 with no updates |
| 22/05/2422 May 2024 | Notice of ceasing to act as receiver or manager |
| 01/05/241 May 2024 | Registration of charge 139297620003, created on 2024-04-19 |
| 01/05/241 May 2024 | Registration of charge 139297620004, created on 2024-04-19 |
| 28/02/2428 February 2024 | Annual accounts for year ending 28 Feb 2024 |
| 25/09/2325 September 2023 | Appointment of receiver or manager |
| 06/06/236 June 2023 | Compulsory strike-off action has been discontinued |
| 06/06/236 June 2023 | Compulsory strike-off action has been discontinued |
| 05/06/235 June 2023 | Confirmation statement made on 2023-02-20 with no updates |
| 16/05/2316 May 2023 | First Gazette notice for compulsory strike-off |
| 16/05/2316 May 2023 | First Gazette notice for compulsory strike-off |
| 28/02/2328 February 2023 | Annual accounts for year ending 28 Feb 2023 |
| 05/05/225 May 2022 | Registration of charge 139297620002, created on 2022-05-03 |
| 05/05/225 May 2022 | Registration of charge 139297620001, created on 2022-05-03 |
| 21/02/2221 February 2022 | Incorporation |
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