Ft Squared Developments Ltd
04844823
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 30/06/2025
Due 14/07/2026
Industry
Officers
director · Since 24/07/2003
DIRECTOR
BRITISH · UNITED KINGDOM · Age 63
Also on 1 other board
director · Since 07/06/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 3 other boards
Persons with Significant Control
Mr Liam Hayes
Irish · England · Age 63
Parkhill Business Centre, Walton Road, Wetherby, LS22 5DZ
Notified 12/10/2018
Mr Gerard Feeley
British · United Kingdom · Age 55
12, Woodland Mews, Wetherby, LS23 7DA
Notified 22/12/2020
CompanyRankvs 40427+ SIC 68320 peers51
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2025
Net Worth
-£90k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£92k
Working capital
Current Assets
£156k
Current Liabilities
£248k
Fixed Assets
£1k
Debtors
£153k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.63 | -£143k |
| 2024 | 1.11 | -£118k |
| 2023 | 1.35 | — |
Derived from filed accounts. Not audited figures.