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Louth Developments Limited

01827827

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 44 CENTRAL INDUSTRIAL ESTATE, WOLVERHAMPTON, WV2 2RL
Incorporated 26/06/1984

Compliance

Last accounts

26/04/2025

unaudited abridged

Next accounts due

26/01/2027

On track

Confirmation statement

Last: 08/10/2025

Due 22/10/2026

On track

Industry

25500
Forging, pressing, stamping and roll-forming of metal; powder metallurgy
25620
Machining
28220
Manufacture of lifting and handling equipment
28960
Manufacture of plastics and rubber machinery

Officers

Mr Grant Alexander Bond

director · Since 12/03/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Gabitie Group Limited

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

Unit 44 Central Industrial Estate, Cable Street, Wolverhampton, WV2 2RL

Reg: 07909806 · Companies House · Limited Company

Notified 11/03/2025

Former PSCs

Mr Michael David Would

Ceased 11/03/2025

Mr Terence Neil Fixter

Ceased 31/01/2017

Charges1 outstanding

Charge
outstanding

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Created 10/03/2025Registered 10/03/2025
Charge
satisfied

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ALDERMORE BANK PLC

Created 24/06/2019Registered 25/06/2019Satisfied 04/11/2021
Charge
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ALDERMORE BANK PLC

Created 24/06/2019Registered 25/06/2019Satisfied 04/11/2021
charge
satisfied

EAGLE STAR INSURANCE COMPANY LIMITED

Created 30/06/1997Registered 09/07/1997Satisfied 03/09/2003
charge
satisfied

EAGLE STAR INSURANCE COMPANY LIMITED

Created 28/04/1989Registered 09/07/1997Satisfied 16/04/2019
charge
satisfied

BARCLAYS BANK PLC

Created 01/12/1988Registered 09/12/1988Satisfied 16/10/1997

CompanyRankvs 660+ SIC 25500 peers
68

Financial strength67th percentile among SIC peers · 17/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.06× · 20/20
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 strength17/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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 26/04/2025

Net Worth

£268k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£203k

Working capital

Current Assets

£395k

Current Liabilities

£191k

Fixed Assets

£88k

Debtors

£136k

13avg. employees-2

Balance Sheet

Intangible assets£4k
Assets less current liabilities£291k
Signed by 2023-11-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20252.06-£814k
20235.12-£56k
20223.63-£65k
20214.25-£203k
20201.56+£30k
20192.52+£144k
20181.76

Derived from filed accounts. Not audited figures.