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Develop Training Limited

06115331

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

HAVERTON HILL INDUSTRIAL ESTATE, CLEVELAND, TS23 1PZ
Incorporated 19/02/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85320
Technical and vocational secondary education

Officers

Torben Harring

director · Since 13/12/2024

CEO

DANISH · DENMARK · Age 54

Colin Leyden

director · Since 13/12/2024

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Lisa Parkinson

director · Since 13/12/2024

MANAGING DIRECTOR ELECTRICAL SERVICES

AUSTRALIAN · DENMARK · Age 60

Persons with Significant Control

Relyon Nutec Uk Limited

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

Haverton Hill, Industrial Estate, Billingham, TS23 1PZ

Reg: 02786348 · Companies House · Private Limited Company

Notified 13/12/2024

Former PSCs

Develop Training Group Limited

Ceased 24/03/2021

Jtl

Ceased 13/12/2024

Charges1 outstanding

Charge
outstanding

KROLL TRUSTEE SERVICES LIMITED AS SECURITY AGENT

Created 10/06/2025Registered 13/06/2025
Charge
satisfied

JTL

Created 13/09/2019Registered 30/09/2019Satisfied 23/01/2025
Charge
satisfied

BARCLAYS UNQUOTED INVESTMENTS LIMITED

Created 22/08/2018Registered 04/09/2018Satisfied 01/06/2020
Charge
satisfied

BARCLAYS UNQUOTED INVESTMENTS LIMITED

Created 27/10/2015Registered 02/11/2015Satisfied 01/06/2020
charge
satisfied

BARCLAYS UNQUOTED INVESTMENTS LIMITED

Created 23/09/2010Registered 29/09/2010Satisfied 01/06/2020
charge
satisfied

ROD TOMPSETT

Created 23/09/2010Registered 29/09/2010Satisfied 27/10/2015
charge
satisfied

BARCLAYS UNQUOTED INVESTMENTS LIMITED

Created 19/01/2010Registered 20/01/2010Satisfied 01/06/2020
charge
satisfied

BARCLAYS UNQUOTED INVESTMENTS LIMITED

Created 29/11/2007Registered 12/12/2007Satisfied 01/06/2020
charge
satisfied

HSBC BANK PLC

Created 29/11/2007Registered 03/12/2007Satisfied 01/06/2020
charge
satisfied

HSBC BANK PLC

Created 14/05/2007Registered 19/05/2007Satisfied 01/06/2020
charge
satisfied

NVM PRIVATE EQUITY LIMITED

Created 14/05/2007Registered 17/05/2007Satisfied 05/12/2007

CompanyRankvs 1480+ SIC 85320 peers
47

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.1× · 12/20
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 strength0/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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 31/07/2025

Net Worth

-£3.8M

Balance sheet strength

Cash

£305k

Cash in the bank

Net Current Assets

£178k

Working capital

Current Assets

£2.0M

Current Liabilities

£1.8M

Fixed Assets

£323k

Debtors

£1.7M

Profit After Tax

-£605k

65avg. employees

Balance Sheet

Intangible assets£3k
Assets less current liabilities£500k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20251.10

Derived from filed accounts. Not audited figures.