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Development Securities (Furlong) Limited

05385380

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

100 VICTORIA STREET, LONDON, SW1E 5JL
Incorporated 08/03/2005

Compliance

Last accounts

31/03/2025

audit exemption subsidiary

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 07/04/2025

Due 21/04/2026

Overdue

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael James Hood

director · Since 17/06/2021

DEVELOPMENT DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 69 other boards

U And I Company Secretaries Limited

secretary · Since 05/10/2022

Also on 106 other boards

U And I Director 1 Limited

director · Since 05/10/2022

Also on 87 other boards

U And I Director 2 Limited

director · Since 05/10/2022

Also on 86 other boards

Persons with Significant Control

Land Securities Spv's Limited

75–100% shares
75–100% votes

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

charge
satisfied

BANK OF SCOTLAND PLC IN ITS CAPACITY AS AGENT AND SECURITY TRUSTEE FOR THE FINANCE PARTIES (THE

Created 16/12/2011Registered 22/12/2011Satisfied 10/10/2023
charge
satisfied

BANK OF SCOTLAND PLC

Created 01/02/2008Registered 08/02/2008Satisfied 15/02/2012
charge
satisfied

BANK OF SCOTLAND PLC

Created 01/02/2008Registered 08/02/2008Satisfied 15/02/2012

CompanyRankvs 3167280+ SIC 68209 peers
23

Financial strength0th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
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 strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

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

Liquidity0/20 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

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

0avg. employees
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
2023-£1.4M
20220.00

Derived from filed accounts. Not audited figures.