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Builtec Developments Limited

01059791

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

15 CONWAY ROAD, LEAMINGTON SPA, CV32 5PA
Incorporated 28/06/1972

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/10/2025

Due 09/11/2026

On track

Industry

41201
Construction of commercial buildings

Officers

Mr Brian John Thurlow

secretary · Since 26/10/1991

BRITISH · ENGLAND · Age 79

Also on 5 other boards

Mr Brian John Thurlow

director · Since 26/10/1991

DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 5 other boards

Lawrence James Wong

director · Since 01/08/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Lawrence James Wong

75–100% shares

British · England · Age 44

No.45 Pure Offices, Plato Close, Warwick, CV34 6WE

Notified 18/10/2018

Former PSCs

Mr Andrew Man Kit Wong

Ceased 18/10/2018

Charges5 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 13/09/2007Registered 15/09/2007
charge
outstanding

BARCLAYS BANK PLC

Created 30/09/1982Registered 11/10/1982
charge
outstanding

BARCLAYS BANK PLC

Created 17/12/1979Registered 31/12/1979
charge
outstanding

BARCLAYS BANK PLC

Created 01/11/1973Registered 07/11/1973
charge
outstanding

BARCLAYS BANK PLC

Created 01/11/1973Registered 07/11/1973

CompanyRankvs 6072+ SIC 41201 peers
60

Financial strength84th percentile among SIC peers · 21/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£114k

Balance sheet strength

Cash

£227k

Cash in the bank

Net Current Assets

-£169k

Working capital

Current Assets

£396k

Current Liabilities

£565k

Fixed Assets

£290k

Debtors

£168k

4avg. employees

Balance Sheet

Assets less current liabilities£121k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.70+£176k
20230.46+£98k
20210.22+£82k
20200.13-£251k
20190.12-£100k
20180.63-£333k
20171.10

Derived from filed accounts. Not audited figures.