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Billaway Developments Limited

02430499

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

AMELIA HOUSE, WORTHING, BN11 1QR
Incorporated 09/10/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Brian Lawrence Hathaway

director · Since 09/10/1991

DIRECTOR OF THIS COMPANY

BRITISH · UNITED KINGDOM · Age 79

Rachel Myrrhine Hathaway

director · Since 09/10/1991

DIRECTOR OF THIS COMPANY

BRITISH · UNITED KINGDOM · Age 68

Also on 3 other boards

Rachel Myrrhine Hathaway

secretary · Since 30/03/1995

BRITISH · UNITED KINGDOM · Age 68

Also on 3 other boards

John Lawrence Hathaway

director · Since 16/08/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Matthew Brett Hathaway

director · Since 16/08/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Mr Stuart Edward Hathaway

director · Since 16/08/2006

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Brian Lawrence Hathaway

25–50% votes

British · United Kingdom · Age 79

1a Dyke Close, Hove, BN3 6DA

Notified 06/04/2016

Rachel Myrrhine Hathaway

25–50% votes

British · United Kingdom · Age 68

1a Dyke Close, Hove, BN3 6DA

Notified 06/04/2016

Matthew Brett Hathaway

25–50% shares

British · United Kingdom · Age 43

Amelia House, Crescent Road, Worthing, BN11 1QR

Notified 26/01/2020

Mr Stuart Edward Hathaway

25–50% shares

English · United Kingdom · Age 40

Amelia House, Crescent Road, Worthing, BN11 1QR

Notified 26/01/2020

Mr John Lawrence Hathaway

25–50% shares

British · United Kingdom · Age 38

Amelia House, Crescent Road, Worthing, BN11 1QR

Notified 26/01/2020

Charges1 outstanding

charge
satisfied

ALLIANCE AND LEICESTER BUILDING SOCIETY

Created 02/10/1990Registered 15/10/1990Satisfied 17/01/1996
charge
outstanding

ALLIANCE AND LEICESTER BUILDING SOCIETY

Created 02/10/1990Registered 15/10/1990

CompanyRankvs 10323+ SIC 41100 peers
51

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.34× · 2/20
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.

Employees14/15 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

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

Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. The directors will also provide their continued support in meeting the company's liabilities as needed. The fin

Key FinancialsYear ending 30/09/2024

Net Worth

£5.5M

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

-£383k

Working capital

Current Assets

£199k

Current Liabilities

£582k

Fixed Assets

£6.1M

Debtors

£128k

5avg. employees

Balance Sheet

Assets less current liabilities£5.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.34+£114k
20231.40+£548k
20221.23+£74k
20210.90+£635k
20200.86+£1.7M
20190.48+£2.5M
20180.20

Derived from filed accounts. Not audited figures.