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Belgarum Developments Ltd

04930021

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 26 WHADDON BUSINESS PARK, SALISBURY, SP5 3HF
Incorporated 13/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Steven Bowden

secretary · Since 13/10/2003

BRITISH · UNITED KINGDOM · Age 62

Also on 8 other boards

Mr Joel Edward Bowden

director · Since 20/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Steven Bowden

25–50% shares
25–50% votes

British · England · Age 62

56, Velsheda Court, Southampton, SO45 6DW

Notified 06/04/2016

Mr Joel Edward Bowden

Significant control

British · England · Age 39

Unit 26, Whaddon Business Park, Salisbury, SP5 3HF

Notified 01/10/2019

Former PSCs

Mrs Heather Jane Bowden

Ceased 01/10/2019

CompanyRankvs 60891+ SIC 41100 peers
25

Financial strength4th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees2/15 pts

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

Liquidity2/20 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

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 31/12/2025

Net Worth

-£186k

Balance sheet strength

Cash

£567

Cash in the bank

Net Current Assets

-£186k

Working capital

Current Assets

£567

Current Liabilities

£186k

0avg. employees

Director Loans

Company owes directors£137k
Signed by Mr J Bowden,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£526
20240.27-£325

Derived from filed accounts. Not audited figures.