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Patrick David Developments Limited

03176523

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)
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

14 PARK ROW, NOTTINGHAM, NG1 6GR
Incorporated 22/03/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Paul Hugh Mewburn Teece

director · Since 01/04/1996

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mrs Victoria Nancy Teece

secretary · Since 19/04/2004

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mrs Victoria Teece

director · Since 01/11/2017

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 61

Mr Joe Patrick David Teece

director · Since 01/02/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 3 other boards

Mr Joshua William Teece

director · Since 01/02/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 27

Mr Thomas Paul Teece

director · Since 01/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 2 other boards

Persons with Significant Control

Mr Paul Hugh Mewburn Teece

25–50% votes

British · England · Age 59

25, Claremont Avenue, Nottingham, NG9 3DG

Notified 06/04/2016

Mrs Victoria Teece

25–50% votes

British · United Kingdom · Age 61

25, Claremont Avenue, Nottingham, NG9 3DG

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

KEVIN PATRICK MCMENAMIN, DAVID MCKEE, ALEXANDER JAMES CHAMBERLAIN AND HELEN JANE CHAMBERLAIN AS

Created 06/03/2023Registered 13/03/2023
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/01/2010Registered 27/01/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/11/2009Registered 28/11/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/11/2009Registered 28/11/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/02/2007Registered 07/03/2007
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/08/2005Registered 17/08/2005

CompanyRankvs 11237+ SIC 41100 peers
64

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.58× · 6/20
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.

Employees14/15 pts

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

Liquidity6/20 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 31/08/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£93k

Cash in the bank

Net Current Assets

-£329k

Working capital

Current Assets

£457k

Current Liabilities

£786k

Fixed Assets

£1.7M

Debtors

£14k

6avg. employees-1

Tax at Year End

Corp tax£24k

Balance Sheet

Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.58-£8k
20230.72+£42k
20220.57+£48k
20210.47+£214k
20200.37+£101k
20190.16+£79k
20180.15

Derived from filed accounts. Not audited figures.