Development Securities (Furlong) Limited
05385380
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
audit exemption subsidiary
Next accounts due
31/12/2026
Confirmation statement
Last: 07/04/2025
Due 21/04/2026
Industry
Officers
director · Since 17/06/2021
DEVELOPMENT DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 69 other boards
Persons with Significant Control
Land Securities Spv's Limited
100, Victoria Street, London, SW1E 5JL
Reg: 4365195 · United Kingdom · Private Company Limited By Shares
Notified 29/02/2024
Former PSCs
Furlong Shopping Centre Limited
Ceased 22/10/2020
U And I Ipc Limited
Ceased 29/02/2024
Charges0 outstanding
BANK OF SCOTLAND PLC IN ITS CAPACITY AS AGENT AND SECURITY TRUSTEE FOR THE FINANCE PARTIES (THE
BANK OF SCOTLAND PLC
BANK OF SCOTLAND PLC
CompanyRankvs 3167280+ SIC 68209 peers23
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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
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company’s ability to continue as a going concern for a period to 31 December 2024. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report. Howev
Key FinancialsYear ending 31/03/2023
Turnover
£59k
Annual revenue
Net Worth
-£3.3M
Balance sheet strength
Cash
£12k
Cash in the bank
Profit Before Tax
-£1.4M
Bottom line earnings
Net Current Assets
-£5.0M
Working capital
Current Assets
£1.8M
Current Liabilities
—
Debtors
£1k
Admin Expenses
-£87k
Operating Profit
-£28k
Profit After Tax
-£1.4M
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | — | -£1.4M |
| 2022 | 0.00 | — |
Derived from filed accounts. Not audited figures.