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Happybadge Projects Limited

02819801

active
Private Limited Company
england wales
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

73 CORNHILL, LONDON, EC3V 3QQ
Incorporated 20/05/1993

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/05/2026

Due 03/06/2027

On track

Industry

41100
Development of building projects

Officers

Angela Susan Davies

secretary · Since 07/06/1993

BRITISH

Also on 16 other boards

Mrs Angela Susan Davies

director · Since 01/12/2005

PROPERTY MANAGER

BRITISH · UNITED KINGDOM · Age 66

Also on 24 other boards

Mr Leslie Robert Hardie

director · Since 01/12/2005

PROPERTY MANAGER

BRITISH · UNITED KINGDOM · Age 69

Also on 7 other boards

Mr Adain Grahame Pluis

director · Since 04/04/2025

ACCOUNTANT

AUSTRALIAN · ENGLAND · Age 38

Also on 13 other boards

Persons with Significant Control

Legacy Properties (Uk) Limited

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

73, Cornhill, London, EC3V 3QQ

Reg: 09277947 · Companies House · Limited By Shares

Notified 02/05/2017

Charges1 outstanding

Charge
outstanding

AVIVA COMMERCIAL FINANCE LIMITED

Created 21/12/2018Registered 02/01/2019

CompanyRankvs 1076+ SIC 41100 peers
66

Financial strength85th percentile among SIC peers · 21/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.9× · 20/20
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 strength21/25 pts

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

Employees15/15 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

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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2022

Net Worth

£243k

Balance sheet strength

Cash

£181k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£171.9M

Current Liabilities

£29.1M

Fixed Assets

£26.3M

Debtors

£171.7M

Admin Expenses

£6.9M

Profit After Tax

£11.4M

21avg. employees

Tax at Year End

Corp tax£1.2M
Dividends paid-£7.6M

People Costs

Wages & salaries£1.5M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£132.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20225.90-£29k
20215.82

Derived from filed accounts. Not audited figures.