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Troika Developments Limited

00994842

active
Private Limited Company
england wales
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

MIDLAND HOUSE, BOURNEMOUTH, BH2 5QY
Incorporated 19/11/1970

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/02/2026

Due 03/03/2027

On track

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
70100
Activities of head offices

Officers

Mr Nigel Ashley Walters

director · Since 17/02/1993

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 14 other boards

Mr Keith Bruce Mckay Bsc Arics

director · Since 16/08/2013

CHARTERED SURVEYOR

BRITISH · UNITED KINGDOM · Age 70

Also on 5 other boards

Ben White

secretary · Since 30/08/2013

Also on 6 other boards

Ben White

director · Since 07/07/2016

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 41

Also on 6 other boards

Persons with Significant Control

Mr Nigel Ashley Walters

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 72

Quay House, 7 The Quay, Poole, BH15 1HA

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE DEED)

Created 06/09/2024Registered 11/09/2024
Charge
satisfied

HSBC UK BANK PLC

Created 07/01/2019Registered 10/01/2019Satisfied 23/03/2022
Charge
outstanding

HSBC UK BANK PLC

Created 30/11/2018Registered 03/12/2018
Charge
outstanding

HSBC BANK PLC

Created 25/11/2016Registered 29/11/2016
Charge
satisfied

HSBC BANK PLC

Created 18/11/2015Registered 19/11/2015Satisfied 28/03/2019
charge
satisfied

HSBC BANK PLC

Created 29/06/2007Registered 30/06/2007Satisfied 28/03/2019
charge
satisfied

HSBC BANK PLC

Created 22/01/2007Registered 02/02/2007Satisfied 28/03/2019
charge
satisfied

HSBC BANK PLC

Created 07/06/2006Registered 09/06/2006Satisfied 28/03/2019
charge
satisfied

HSBC BANK PLC

Created 22/03/2004Registered 23/03/2004Satisfied 28/03/2019
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 01/05/2003Registered 09/05/2003Satisfied 05/11/2005
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 01/05/2003Registered 09/05/2003Satisfied 28/05/2004
charge
satisfied

HSBC BANK PLC

Created 25/07/2002Registered 26/07/2002Satisfied 05/11/2005
charge
satisfied

HSBC BANK PLC

Created 19/09/2001Registered 26/09/2001Satisfied 05/11/2005
charge
satisfied

HSBC BANK PLC

Created 31/07/2001Registered 01/08/2001Satisfied 05/11/2005
charge
satisfied

TAYWOOD HOMES LIMITED

Created 26/09/2000Registered 30/09/2000Satisfied 05/11/2005
charge
satisfied

HSBC BANK PLC

Created 20/12/1999Registered 23/12/1999Satisfied 14/12/2001
charge
satisfied

HSBC BANK PLC

Created 20/12/1999Registered 22/12/1999Satisfied 05/11/2005
charge
satisfied

BRISTOL & WEST PLC

Created 22/05/1998Registered 27/05/1998Satisfied 20/01/2001
charge
satisfied

BRISTOL & WEST PLC

Created 22/05/1998Registered 27/05/1998Satisfied 20/01/2001
charge
satisfied

MIDLAND BANK PLC

Created 07/08/1997Registered 08/08/1997Satisfied 08/02/2000
charge
satisfied

BAYSHILL ESTATES LIMITED

Created 26/03/1997Registered 03/04/1997Satisfied 27/02/1998
charge
satisfied

COUNTRYSIDE COMMERCIAL LIMITED

Created 25/06/1996Registered 29/06/1996Satisfied 27/02/1998
charge
satisfied

MIDLAND BANK PLC

Created 25/06/1996Registered 26/06/1996Satisfied 27/02/1998
charge
satisfied

MIDLAND BANK PLC

Created 23/03/1995Registered 25/03/1995Satisfied 22/05/1998
charge
outstanding

MIDLAND BANK PLC

Created 16/12/1993Registered 22/12/1993
charge
satisfied

GUINESS MAHOU & CO LIMITED

Created 10/07/1987Registered 14/07/1987Satisfied 17/06/1994
charge
satisfied

HILL SAMUEL & CO LIMITED

Created 17/11/1986Registered 19/11/1986Satisfied 17/06/1994
charge
satisfied

HILL SAMUEL & CO LIMITED

Created 17/11/1986Registered 19/11/1986Satisfied 17/06/1994
charge
satisfied

HILL SAMUEL & CO LIMITED

Created 22/10/1986Registered 03/11/1986Satisfied 17/06/1994
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/09/1984Registered 05/10/1984
charge
satisfied

GUINLOS MAHON & CO LIMITED

Created 16/07/1984Registered 17/07/1984
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/05/1984Registered 11/05/1984
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/01/1984Registered 12/01/1984
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/11/1983Registered 17/11/1983
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/07/1983Registered 14/07/1983
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/01/1981Registered 02/02/1981
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/07/1980Registered 15/07/1980

CompanyRankvs 9371+ SIC 41100 peers
56

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2023

Net Worth

£11.6M

Balance sheet strength

Cash

£7.2M

Cash in the bank

Profit Before Tax

-£9.3M

Bottom line earnings

Net Current Assets

-£671k

Working capital

Current Assets

£14.0M

Current Liabilities

£14.7M

Fixed Assets

£12.8M

Debtors

£2.2M

Cost of Sales

£689k

Admin Expenses

£1.4M

Profit After Tax

-£8.2M

10avg. employees

Tax at Year End

Corp tax£53k
Dividends paid-£1.5M

Balance Sheet

Intangible assets£0
Assets less current liabilities£12.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.95

Derived from filed accounts. Not audited figures.