Builtec Developments Limited
01059791
Some Concerns
- Current liabilities exceed current assets (-10)
- 5 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
unaudited abridged
Next accounts due
30/09/2026
Confirmation statement
Last: 26/10/2025
Due 09/11/2026
Industry
Officers
director · Since 26/10/1991
DIRECTOR
BRITISH · ENGLAND · Age 79
Also on 5 other boards
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
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
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 6072+ SIC 41201 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.70 | +£176k |
| 2023 | 0.46 | +£98k |
| 2021 | 0.22 | +£82k |
| 2020 | 0.13 | -£251k |
| 2019 | 0.12 | -£100k |
| 2018 | 0.63 | -£333k |
| 2017 | 1.10 | — |
Derived from filed accounts. Not audited figures.