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Welcome Developments Limited

03480138

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

TATTERSALL HOUSE, HARROGATE, HG1 5LT
Incorporated 12/12/1997

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 12/12/2025

Due 26/12/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Matthew Stanley Cunningham

director · Since 16/12/1997

PROPERTY INVESTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Margaret Edith Theresa Cunningham

secretary · Since 19/05/2004

BRITISH

Persons with Significant Control

Mr Matthew Stanley Cunningham

50–75% shares

British · England · Age 59

St Marks House, Rear Of 2a St Marks Avenue, Harrogate, HG2 8AE

Notified 06/04/2016

Mrs Margaret Edith Theresa Cunningham

25–50% shares

British · England · Age 59

St Marks House, Rear Of 2a St Marks Avenue, Harrogate, HG2 8AE

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 15/04/2014Registered 29/04/2014
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 16/04/2014Registered 23/04/2014
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 16/04/2014Registered 23/04/2014
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 30/08/2005Registered 20/09/2005
charge
outstanding

NATIONWIDE BUILDING SOCIETY

Created 30/11/1999Registered 15/12/1999
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 30/11/1999Registered 08/12/1999Satisfied 23/12/2024
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 26/08/1998Registered 28/08/1998

CompanyRankvs 30816+ SIC 68100 peers
54

Financial strength98th percentile among SIC peers · 25/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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30816Welcome Developments Limited
60
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.

Employees3/15 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 31/05/2025

Net Worth

£2.2M

Balance sheet strength

Cash

£230k

Cash in the bank

Net Current Assets

-£134k

Working capital

Current Assets

£249k

Current Liabilities

£383k

Debtors

£13k

0avg. employees

Balance Sheet

Bank loans & overdrafts£596k
Assets less current liabilities£2.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.65+£80k
20240.24+£129k
20230.39—

Derived from filed accounts. Not audited figures.