Mad Developments Limited
03990000
Some Concerns
- Current liabilities exceed current assets (-10)
- 11 outstanding charges (-10)
Details
Compliance
Last accounts
31/05/2025
unaudited abridged
Next accounts due
28/02/2027
Confirmation statement
Last: 16/09/2025
Due 30/09/2026
Industry
Officers
director · Since 10/05/2000
HOTELIER
BRITISH · ENGLAND · Age 58
Also on 1 other board
Persons with Significant Control
Mr Demetrios Demetriou
British · England · Age 58
2 Old Court Mews, London, N14 6JS
Notified 06/04/2016
Charges11 outstanding
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TOGETHER COMMERCIAL FINANCE LIMITED
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BANK OF CYPRUS UK LIMITED
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THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 2043+ SIC 55100 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£1.3M
Balance sheet strength
Cash
£221k
Cash in the bank
Net Current Assets
-£2.1M
Working capital
Current Assets
£1.1M
Current Liabilities
£3.1M
Fixed Assets
£7.0M
Debtors
£823k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.34 | +£1.7M |
| 2024 | 0.41 | -£629k |
| 2023 | 0.75 | +£111k |
| 2022 | 0.19 | +£163k |
| 2021 | 0.48 | -£88k |
| 2020 | 0.48 | -£158k |
| 2019 | 3.25 | -£27k |
| 2018 | 1.24 | — |
Derived from filed accounts. Not audited figures.