South Shore Developments Limited
05108355
Notable Risks
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 22/04/2026
Due 06/05/2027
Industry
Officers
secretary · Since 28/01/2020
Persons with Significant Control
Mr William George Robertson
British · Scotland · Age 81
10, Perimeter Road, Elgin, IV30 6AE
Notified 06/04/2016
Charges1 outstanding
BARCLAYS BANK PLC
Insolvency History1 case
James Joseph Bannon (practitioner) · Francis Graham Newton (practitioner)
Change History
Active
Private Limited Company
C/O MATT DAWSON LEVEL 6 WEST BALTIC PLACE
GATESHEAD
CompanyRankvs 622+ SIC 68209 peers70
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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.
Risk deductions
Outstanding charges: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£13.8M
Balance sheet strength
Cash
£2.9M
Cash in the bank
Net Current Assets
£13.8M
Working capital
Current Assets
£21.8M
Current Liabilities
£8.0M
Debtors
£841k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 2.71 |
Derived from filed accounts. Not audited figures.