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Madden & Winkett Developments Ltd

06455491

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

6 GORDON ROWLEY WAY, SWANSEA, SA6 6PL
Incorporated 17/12/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

David Winkett

secretary · Since 17/12/2007

DIRECTOR

BRITISH · WALES · Age 44

Mr Nicholas John Madden

director · Since 17/12/2007

DIRECTOR

BRITISH · WALES · Age 50

Also on 2 other boards

Mr David John Winkett

director · Since 17/12/2007

DIRECTOR

BRITISH · WALES · Age 44

Persons with Significant Control

Mr David John Winkett

25–50% shares

British · Wales · Age 44

6, Gordon Rowley Way, Swansea, SA6 6PL

Notified 01/12/2016

Mr Nicholas John Madden

25–50% shares

British · Wales · Age 50

2, Twyniago, Swansea, SA4 8HX

Notified 01/12/2016

Former PSCs

Mr Nicholas John Madden

Ceased 07/04/2016

Mr David John Winkett

Ceased 07/04/2016

Charges2 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LTD

Created 04/09/2018Registered 14/09/2018
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 04/09/2018Registered 10/09/2018

CompanyRankvs 40570+ SIC 41202 peers
36

Financial strength3th percentile among SIC peers · 1/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.8× · 6/20
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.

Employees9/15 pts

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

Liquidity6/20 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 31/12/2024

Net Worth

-£90k

Balance sheet strength

Cash

£541

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£265k

Current Liabilities

£330k

Fixed Assets

£13k

2avg. employees

Balance Sheet

Bank loans & overdrafts£28k
Assets less current liabilities-£52k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80+£0
20230.80

Derived from filed accounts. Not audited figures.