Back to search

Ermine Developments Limited

02215237

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

MARTIN MARKHAM YARD, STAMFORD, PE9 1XF
Incorporated 29/01/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Keir James Wheadon

director · Since 05/04/2013

MOTOR ENGINEER

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Kjw Automotive Ltd

75–100% shares
75–100% votes

C/O Martin Markhams Yard, Ryhall Road, Stamford, PE9 1XF

Notified 13/07/2024

Former PSCs

Mr Keir James Wheadon

Ceased 26/04/2017

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 23/07/2013Registered 25/07/2013
Charge
outstanding

HSBC BANK PLC

Created 12/07/2013Registered 16/07/2013

CompanyRankvs 192545+ SIC 68209 peers
28

Financial strength11th percentile among SIC peers · 3/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 31/08/2025

Net Worth

-£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£202

Current Liabilities

£32k

Fixed Assets

£45k

0avg. employees

Balance Sheet

Assets less current liabilities£13k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£6k
20240.00-£5k
20230.56

Derived from filed accounts. Not audited figures.