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March Developments Ltd.

02862778

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 5 outstanding charges (-10)

Details

151/157 HIGH STREET, ROCHESTER, ME2 4TH
Incorporated 15/10/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation

Officers

James Old

director · Since 15/10/1993

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 88

Wayne Keith Old

director · Since 18/04/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Mrs Joanne Louise Old

secretary · Since 01/05/2017

Persons with Significant Control

Mr James Old

75–100% shares

British · England · Age 88

151/157, High Street, Rochester, ME2 4TH

Notified 30/06/2016

Charges5 outstanding

charge
outstanding

CAPITAL HOME LOANS LIMITED

Created 11/10/2006Registered 29/10/2008
charge
outstanding

HSBC BANK PLC

Created 10/09/2007Registered 15/09/2007
charge
outstanding

HSBC BANK PLC

Created 10/09/2007Registered 14/09/2007
charge
outstanding

HSBC BANK PLC

Created 30/08/2007Registered 05/09/2007
charge
satisfied

HSBC BANK PLC

Created 24/01/2007Registered 26/01/2007Satisfied 17/02/2023
charge
satisfied

HSBC BANK PLC

Created 24/01/2007Registered 26/01/2007Satisfied 17/02/2023
charge
outstanding

CAPITAL HOME LOANS LIMITED

Created 13/06/2005Registered 23/06/2005

CompanyRankvs 3164+ SIC 55900 peers
47

Financial strength97th percentile among SIC peers · 24/25
Employees22th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
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 strength24/25 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.

Liquidity0/20 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 31/10/2024

Net Worth

£1.6M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£572k

Working capital

Current Assets

£13k

Current Liabilities

Debtors

£11k

0avg. employees-5

Balance Sheet

Assets less current liabilities£2.0M
Prepared with BrightAccountsProduction v1.0.0

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£168k
20230.05+£715k
20220.07+£63k
20210.06+£61k
20200.06+£63k
20190.04+£45k
20180.03

Derived from filed accounts. Not audited figures.