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Errigal Developments Limited

04322666

active
Private Limited Company
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

4 LOCKSIDE OFFICE PARK, RIVERSWAY, PRESTON, PR2 2YS
Incorporated 14/11/2001

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 03/11/2025

Due 17/11/2026

On track

Industry

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

Officers

Mr Owen Gerard Mclaughlin

director · Since 16/10/2002

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Mr Simon James Tomlinson

director · Since 15/11/2006

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 59

Also on 12 other boards

Mrs Justine Dowds

secretary · Since 18/07/2008

ACCOUNTANT

BRITISH · ENGLAND · Age 51

Also on 9 other boards

Persons with Significant Control

Errigal Investments Ltd

75–100% shares

4, Lockside Office Park, Lockside Road, Preston, PR2 2YS

Reg: 04585334 · Uk · Limited Liability Company

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 01/11/2012Registered 10/11/2012
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 12/10/2007Registered 30/10/2007Satisfied 08/07/2024
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 12/10/2007Registered 30/10/2007Satisfied 29/11/2019
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 21/08/2007Registered 17/10/2007Satisfied 18/07/2024
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 20/09/2007Registered 26/09/2007
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 26/01/2007Registered 31/01/2007Satisfied 26/02/2016
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 30/11/2006Registered 06/12/2006Satisfied 08/07/2024
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 31/03/2006Registered 13/04/2006Satisfied 26/02/2016
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 15/12/2005Registered 22/12/2005Satisfied 29/11/2019
charge
satisfied

BARRATT HOMES LIMITED

Created 28/10/2005Registered 01/11/2005Satisfied 26/02/2016
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 29/09/2005Registered 05/10/2005
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 27/09/2005Registered 05/10/2005Satisfied 29/11/2019
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 27/09/2005Registered 05/10/2005Satisfied 18/07/2024
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 29/09/2005Registered 05/10/2005

CompanyRankvs 119921+ SIC 68100 peers
19

Financial strength0th percentile among SIC peers · 0/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

to meet its liabilities as they fall due for the foreseeable future and that there are no material uncertainties that would cast significant doubt over the company's ability to continue as a going concern. It is on this basis that the directors consider it appropriate to prepare the company's financial statements on a going concern basis. 1.3 Turnover Turnover is recognised to the ex

Key FinancialsYear ending 31/03/2025

Net Worth

-£9.6M

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£377k

Working capital

Current Assets

£531k

Current Liabilities

£908k

Fixed Assets

£0

Debtors

£234k

0avg. employees-1
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.58+£41k
20240.55+£246k
20230.76-£66k
20221.74-£39k
20211.57+£24k
20201.21

Derived from filed accounts. Not audited figures.