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M&D Developments (Cornwall) Ltd

05964168

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

LOWER BARN BOSUE, ST. AUSTELL, PL26 6ET
Incorporated 11/10/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Michael Derek Cooksley

director · Since 11/10/2006

BUILDER

UNITED KINGDOM · UNITED KINGDOM · Age 64

Also on 1 other board

David Frederick Read

director · Since 11/10/2006

BUILDER

BRITISH · ENGLAND · Age 74

Persons with Significant Control

Mr David Frederick Read

25–50% shares

United Kingdom · United Kingdom · Age 74

Boslinney Barn, St. Ewe, St. Austell, PL26 6EW

Notified 11/10/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 12/12/2006Registered 15/12/2006
charge
outstanding

HSBC BANK PLC

Created 01/12/2006Registered 02/12/2006

CompanyRankvs 35630+ SIC 41100 peers
41

Financial strength3th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 19.4× · 20/20
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 strength1/25 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.

Liquidity20/20 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 31/03/2025

Net Worth

-£269k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£10k

Current Liabilities

£514

Director Loans

Company owes directors£279k

Balance Sheet

Assets less current liabilities£9k
Signed by Mr David Frederick Read Mr Michael Derek Cooksley 29th December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202519.40-£4k
202428.49-£4k
202330.41

Derived from filed accounts. Not audited figures.