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Bailgate Developments Limited

04347170

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

THE MANOR BARN STAINFIELD ROAD, MARKET RASEN, LN8 5JQ
Incorporated 04/01/2002

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/12/2025

Due 22/12/2026

On track

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mr Henry David Needham Ward

director · Since 24/11/2014

FARMER

BRITISH · ENGLAND · Age 35

Also on 2 other boards

Persons with Significant Control

Executors Of Joseph Alan Ward

75–100% shares
75–100% votes

British · England · Age 65

The Manor Barn, Stainfield Road, Market Rasen, LN8 5JQ

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/11/2014Registered 02/12/2014
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/01/2005Registered 29/01/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/12/2004Registered 06/01/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/09/2004Registered 23/09/2004
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/04/2003Registered 08/05/2003

CompanyRankvs 5288+ SIC 41100 peers
67

Financial strength81th percentile among SIC peers · 20/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 71.37× · 20/20
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 strength20/25 pts

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

Employees7/15 pts

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

Liquidity20/20 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

£126k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£512k

Working capital

Current Assets

£519k

Current Liabilities

£7k

1avg. employees

Balance Sheet

Assets less current liabilities£512k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202471.37+£2k
202377.30

Derived from filed accounts. Not audited figures.