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Ability Developments Limited

03280282

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O BEGBIES TRAYNOR (LONDON) LLP 31ST FLOOR, CANARY WHARF, E14 5NR
Incorporated 19/11/1996

Compliance

Last accounts

31/12/2022

small

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 19/11/2023

Due 03/12/2024

Overdue

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mr Andreas Costas Panayiotou

director · Since 31/07/2002

COMPANY DIRECTOR

BRITISH · GREECE · Age 60

Also on 35 other boards

Mr Juin Yong Chin

secretary · Since 27/05/2021

Also on 58 other boards

Mr Martyn David Giles

director · Since 27/05/2021

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 61 other boards

Mr Juin Yong Chin

director · Since 08/07/2021

FINANCE DIRECTOR

MALAYSIAN · UNITED KINGDOM · Age 58

Also on 58 other boards

Persons with Significant Control

Mr Andreas Costas Panayiotou

Appoint directors

British · Greece · Age 60

Level 33, One Canada Square, London, E14 5AB

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED (AS SECURITY AGENT)

Created 18/06/2021Registered 29/06/2021

CompanyRankvs 15+ SIC 41100 peers
40

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1432.07× · 20/20
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 strength0/25 pts

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

Employees0/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2021

Net Worth

£64.0M

Balance sheet strength

Cash

£8.1M

Cash in the bank

Net Current Assets

£95.8M

Working capital

Current Assets

£95.8M

Current Liabilities

£67k

Fixed Assets

£29k

Debtors

£87.7M

6avg. employees

Balance Sheet

Assets less current liabilities£95.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20211432.07

Derived from filed accounts. Not audited figures.