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Mitchell Developments Limited

03770771

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

THE BIRCHES, WATCHET, TA23 0UB
Incorporated 14/05/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mrs Elizabeth Ann Mitchell

secretary · Since 14/05/1999

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Mr Christopher Michael Mitchell

director · Since 14/05/1999

ARCHITECT

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Mrs Elizabeth Ann Mitchell

director · Since 14/05/1999

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 3 other boards

Persons with Significant Control

Mr Christopher Michael Mitchell

25–50% shares

British · England · Age 65

The Birches, Watchet, TA23 0UB

Notified 06/04/2016

Mrs Elizabeth Ann Mitchell

50–75% shares

British · England · Age 60

The Birches, Watchet, TA23 0UB

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 27/11/2014Registered 11/12/2014
Charge
outstanding

LLOYDS BANK PLC

Created 28/10/2014Registered 11/11/2014
charge
outstanding

LLOYDS TSB BANK PLC

Created 29/12/1999Registered 07/01/2000

CompanyRankvs 17898+ SIC 41100 peers
54

Financial strength86th percentile among SIC peers · 22/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.26× · 2/20
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 strength22/25 pts

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

Employees10/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

£268k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£72k

Working capital

Current Assets

£28k

Current Liabilities

£108k

Fixed Assets

£607k

2avg. employees

Balance Sheet

Assets less current liabilities£536k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.26+£56k
20235.06

Derived from filed accounts. Not audited figures.