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Baseline Property Development Limited

04692732

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

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

Details

5 BROOM HILL, WELWYN, AL6 0SF
Incorporated 11/03/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Bernel Elroy Ferdinand

secretary · Since 11/03/2003

SECRETARY

BRITISH · Age 52

Also on 4 other boards

Mr Andrew Glenroy Ferdinand

director · Since 11/03/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 5 other boards

Persons with Significant Control

Mr Andrew Glenroy Ferdinand

Significant control

British · England · Age 60

5, Broom Hill, Welwyn, AL6 0SF

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

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Created 24/05/2022Registered 31/05/2022
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FLEET MORTGAGES LIMITED

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SECURITY TRUSTEE SERVICES LIMITED

Created 03/05/2019Registered 09/05/2019Satisfied 31/03/2021

CompanyRankvs 30519+ SIC 68100 peers
40

Financial strength3th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 4.99× · 20/20
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 strength1/25 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.

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

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/03/2025

Net Worth

-£130k

Balance sheet strength

Cash

£69

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.3M

Current Liabilities

£267k

Fixed Assets

£1.2M

Debtors

£123k

1avg. employees

Director Loans

Company owes directors£1k

Balance Sheet

Assets less current liabilities£2.3M
Signed by Mr A G Ferdinand 30/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.99+£38k
20244.07-£18k
20233.68
202145.96

Derived from filed accounts. Not audited figures.