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.
View Full Analysis Report →- Legal registered address
- 16 The Courtyard Gorsey Lane Coleshill Birmingham England B46 1JA Copied!
Latest financial results as of 28 August 2025- Current assets
- £1
- Fixed assets
- £1.62m
- Current creditors
- £1.62m
- Shareholders funds
- £-1.95k
View full financial accounts- Current assets
- £1
- Fixed assets
- £1.62m
- Current creditors
- £1.62m
- Shareholders funds
- £-1.95k
- Company number
- 13929762 Copied!
Accounts
Latest annual accounts were to 28 February 2024
Next annual accounts are due by 30 November 2025
Company financial year end is on 28 February 2026
Confirmation statement
Latest confirmation statement statement dated 27 August 2025
Next statement due by 10 September 2026
Nature of business (SIC)
68100 - Buying and selling of own real estate
Latest company documents
| 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 |
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