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M E C Developments Limited

05703686

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

5 BRAYFORD SQUARE, LONDON, E1 0SG
Incorporated 09/02/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Freda Caddoo

secretary · Since 09/02/2006

BRITISH

Mr Gerald Caddoo

director · Since 09/02/2006

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 68

Also on 2 other boards

Persons with Significant Control

Mr Gerald Caddoo

50–75% shares

British · England · Age 68

5, Brayford Square, London, E1 0SG

Notified 06/04/2016

Mrs Freda Caddoo

25–50% shares

British · United Kingdom · Age 67

The Retreat, Fews Lane, Cambridge, CB24 3DP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 21/07/2006Registered 22/07/2006

CompanyRankvs 34299+ SIC 41100 peers
42

Financial strength80th percentile among SIC peers · 20/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees0/15 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 28/02/2025

Net Worth

£109k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£13k

Current Liabilities

£54k

Fixed Assets

£150k

Balance Sheet

Assets less current liabilities£163k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.25-£4k
20240.32-£3k
20230.36

Derived from filed accounts. Not audited figures.