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S 1 Developments Limited

06378284

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1 QUEENS PARADE, LONDON, N11 2DN
Incorporated 21/09/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Shane David Teague

director · Since 21/09/2007

BUILDER

BRITISH · SCOTLAND · Age 46

Also on 12 other boards

Mr Daniel John Teague

director · Since 22/04/2008

SOLICITOR

BRITISH · SCOTLAND · Age 44

Also on 12 other boards

Mr Daniel John Teague

secretary · Since 16/04/2014

Also on 12 other boards

Persons with Significant Control

Mr Daniel John Teague

Significant control

British · Scotland · Age 44

1 Queens Parade, London, N11 2DN

Notified 06/04/2016

Mr Shane David Teague

Significant control

British · Scotland · Age 46

1 Queens Parade, London, N11 2DN

Notified 06/04/2016

Eugate Investments Limited

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

1, Queens Parade, London, N11 2DN

Reg: 6865255 · England And Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

BANK OF SCOTLAND PLC

Created 06/04/2022Registered 08/04/2022Satisfied 01/06/2023
Charge
satisfied

BANK OF SCOTLAND PLC

Created 06/04/2022Registered 07/04/2022Satisfied 01/06/2023
Charge
satisfied

BANK OF SCOTLAND PLC

Created 24/03/2022Registered 29/03/2022Satisfied 19/07/2023
Charge
satisfied

BANK OF SCOTLAND PLC

Created 12/06/2020Registered 15/06/2020Satisfied 25/01/2021
Charge
satisfied

FORTH PORTS LIMITED

Created 07/01/2019Registered 16/01/2019Satisfied 01/06/2023
Charge
satisfied

RANDOLPH HILL NURSING HOMES (SCOTLAND) LIMITED

Created 21/05/2018Registered 08/06/2018Satisfied 02/10/2020
Charge
satisfied

GEORGE WIMPEY CITY 2 LIMITED

Created 27/10/2017Registered 31/10/2017Satisfied 27/01/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 06/02/2015Registered 13/02/2015Satisfied 16/09/2017
Charge
satisfied

PROFESSOR WALTER NIMMO

Created 19/07/2013Registered 31/07/2013Satisfied 21/04/2016
charge
outstanding

BARCLAYS BANK PLC

Created 03/11/2010Registered 06/11/2010
charge
satisfied

CITY OF EDINBURGH COUNCIL

Created 30/06/2010Registered 21/07/2010Satisfied 18/01/2012

CompanyRankvs 11382+ SIC 41100 peers
50

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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

Outstanding charges: -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 of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/09/2024

Net Worth

£14.8M

Balance sheet strength

Cash

£6.9M

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£14.1M

Working capital

Current Assets

£29.8M

Current Liabilities

Fixed Assets

£690k

Debtors

£22.6M

Cost of Sales

£35.8M

Admin Expenses

£1.0M

Profit After Tax

£891k

48avg. employees+13

Tax at Year End

Corp tax£306k

People Costs

Wages & salaries£2.4M

Balance Sheet

Assets less current liabilities£14.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£891k
20231.82+£735k
20221.58+£4.2M
20211.46+£1.1M
20201.47+£249k
20191.68+£1.3M
20181.89

Derived from filed accounts. Not audited figures.