Worth Developments Limited
04946226
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 14/11/2003
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 3 other boards
director · Since 14/11/2003
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 3 other boards
Persons with Significant Control
Mr Nigel Worth
British · England · Age 62
21/23 Algitha Road, Skegness, PE25 2AG
Notified 06/04/2016
Mrs Diane Margaret Worth
British · England · Age 61
21/23 Algitha Road, Skegness, PE25 2AG
Notified 06/04/2016
CompanyRankvs 22352+ SIC 43390 peers53
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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 31/10/2024
Net Worth
£12k
Balance sheet strength
Cash
£45k
Cash in the bank
Net Current Assets
-£35k
Working capital
Current Assets
£236k
Current Liabilities
£271k
Fixed Assets
£78
Profit After Tax
-£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.87 | +£0 |
| 2023 | 0.91 | +£0 |
| 2022 | 0.95 | +£16k |
| 2021 | 0.98 | -£3k |
| 2020 | 0.99 | -£12k |
| 2019 | 1.04 | -£6k |
| 2018 | 1.06 | — |
Derived from filed accounts. Not audited figures.