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Ferro Developments Limited

05460774

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 15 outstanding charges (-10)

Details

121 BENTON PARK ROAD, NEWCASTLE UPON TYNE, NE7 7NA
Incorporated 23/05/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Emre Yilmaz

director · Since 31/05/2005

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 50

Also on 9 other boards

Persons with Significant Control

Mr Emre Yilmaz

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 50

121, Benton Park Road, Newcastle Upon Tyne, NE7 7NA

Notified 06/04/2016

Charges15 outstanding

Charge
outstanding

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outstanding

THE MORTGAGE WORKS (UK) PLC

Created 23/09/2025Registered 25/09/2025
Charge
satisfied

SENECA TRADE FINANCE LTD

Created 07/07/2025Registered 08/07/2025Satisfied 04/11/2025
Charge
satisfied

SENECA TRADE FINANCE LTD

Created 07/07/2025Registered 08/07/2025Satisfied 04/11/2025
Charge
satisfied

SENECA TRADE FINANCE LTD

Created 07/07/2025Registered 08/07/2025Satisfied 04/11/2025
Charge
satisfied

SENECA TRADE FINANCE LTD

Created 07/07/2025Registered 08/07/2025Satisfied 04/11/2025
Charge
satisfied

SENECA TRADE FINANCE LTD

Created 07/07/2025Registered 08/07/2025Satisfied 04/11/2025
Charge
satisfied

SENECA TRADE FINANCE LTD

Created 07/07/2025Registered 08/07/2025Satisfied 04/11/2025
Charge
satisfied

SENECA TRADE FINANCE LTD

Created 07/07/2025Registered 08/07/2025Satisfied 04/11/2025
Charge
satisfied

SENECA TRADE FINANCE LTD

Created 07/07/2025Registered 08/07/2025Satisfied 04/11/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 17/01/2025Registered 21/01/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 10/11/2023Registered 01/12/2023
Charge
outstanding

ALDERMORE BANK PLC

Created 10/02/2023Registered 15/02/2023
Charge
outstanding

PARAGON BANK PLC

Created 20/01/2023Registered 05/02/2023
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outstanding

THE MORTGAGE WORKS(UK)PLC

Created 05/02/2021Registered 07/02/2021
Charge
outstanding

THE MORTGAGE WORKS(UK) PLC

Created 04/12/2020Registered 07/12/2020
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 17/01/2020Registered 29/01/2020
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 25/10/2019Registered 04/11/2019
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 06/03/2019Registered 27/03/2019
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 06/03/2019Registered 26/03/2019
Charge
outstanding

TOGETHER COMMERCIAL FINANCIAL LIMITED

Created 06/03/2019Registered 19/03/2019
charge
satisfied

ASTRA MORTGAGES

Created 30/01/2008Registered 01/02/2008Satisfied 07/02/2021
charge
outstanding
Created 14/05/2007Registered 23/05/2007

CompanyRankvs 16253+ SIC 68320 peers
54

Financial strength93th percentile among SIC peers · 23/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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10Compton Property Management Limited
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16253Ferro Developments Limited
64
How is this score calculated?
Financial strength23/25 pts

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

Employees9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2024

Net Worth

£215k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£579k

Working capital

Current Assets

£11k

Current Liabilities

£589k

Fixed Assets

£1.5M

1avg. employees

Balance Sheet

Assets less current liabilities£886k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02+£59k
20230.01+£32k
20220.09+£35k
20210.01+£22k
20200.06+£17k
20190.03+£9k
20180.04—

Derived from filed accounts. Not audited figures.