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Provincial Developments Limited

03812010

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
20/30
Financial
10/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)
  • 13 outstanding charges (-10)

Details

MAIN ESTATE OFFICE NEW DUNN BUSINESS PARK, COLEFORD, GL16 8JD
Incorporated 22/07/1999

Compliance

Last accounts

31/07/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 07/08/2025

Due 21/08/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Philip Baden Watkins

director · Since 06/08/1999

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 41 other boards

Mr Philip Baden Watkins

secretary · Since 18/01/2002

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 41 other boards

Persons with Significant Control

Fred Watkins (Estates) Limited

75–100% shares
75–100% votes
Appoint directors

New Dunn Business Park, Sling, Coleford, GL16 8JD

Reg: 00567031 · England And Wales · Private Limited Company

Notified 06/08/2024

Former PSCs

Mr Philip Baden Watkins

Ceased 02/09/2019

Mr Diego Spahiu

Ceased 25/08/2023

Beaufort Property Holdings Ltd

Ceased 06/08/2024

Mr Jay Cian Watkins

Ceased 25/08/2023

Charges13 outstanding

Charge
outstanding

B2 BRIDGING LLP

Created 25/08/2023Registered 04/09/2023
Charge
outstanding

B2 BRIDGING LLP

Created 25/08/2023Registered 04/09/2023
Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 11/07/2016Registered 11/07/2016
Charge
outstanding

FRANCESCA CAVA AS TRUSTEE OF SAVERNAKE PENSION SCHEME · SIMON WETTON AS TRUSTEE OF SAVERNAKE PENSION SCHEME · MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF SAVERNAKE PENSION SCHEME

Created 09/03/2016Registered 11/03/2016
charge
outstanding

LIBERTY LEASING PLC

Created 14/01/2013Registered 15/01/2013
charge
outstanding

LIBERTY LEASING PLC

Created 23/07/2012Registered 04/08/2012
charge
outstanding

LIBERTY LEASING PLC

Created 23/07/2012Registered 27/07/2012
charge
outstanding

LIBERTY LEASING PLC

Created 23/07/2012Registered 27/07/2012
charge
outstanding

LIBERTY LEASING PLC

Created 23/07/2012Registered 27/07/2012
charge
outstanding

LIBERTY LEASING PLC

Created 23/07/2012Registered 27/07/2012
charge
outstanding

LIBERTY LEASING PLC

Created 23/07/2012Registered 27/07/2012
charge
outstanding

LIBERTY LEASING PLC

Created 23/07/2012Registered 27/07/2012
charge
outstanding

LIBERTY LEASING PLC

Created 23/07/2012Registered 27/07/2012

Insolvency History2 cases

receiver manager

Peter Mayo (receiver manager) · Victoria Clare Margaret Liddell (receiver manager)

receiver manager

Peter Mayo (receiver manager) · Victoria Clare Margaret Liddell (receiver manager)

CompanyRankvs 67540+ SIC 68209 peers
39

Financial strength71th percentile among SIC peers · 18/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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67540Provincial Developments Limited
59
How is this score calculated?
Financial strength18/25 pts

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

Employees9/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/07/2024

Net Worth

£43k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£308k

Current Liabilities

£1.7M

Fixed Assets

£1.4M

Debtors

£250k

1avg. employees-1

Balance Sheet

Assets less current liabilities£66k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18-£332k
20230.24—

Derived from filed accounts. Not audited figures.