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Latus Developments Limited

06526621

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE GRANGE, HESSLE, HU13 0EU
Incorporated 07/03/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Dianne Latus

secretary · Since 07/03/2008

BRITISH · UNITED KINGDOM · Age 66

Also on 2 other boards

Mrs Dianne Latus

director · Since 07/03/2008

DEVELOPER

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Mr Gary William Latus

director · Since 07/03/2008

DEVELOPER

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Gary William Latus

25–50% shares
25–50% votes
Appoint directors

British · England · Age 66

The Grange, 74 Southfield, Hessle, HU13 0EU

Notified 07/03/2017

Mrs Dianne Latus

25–50% shares
25–50% votes
Appoint directors

British · England · Age 66

The Grange, 74 Southfield, Hessle, HU13 0EU

Notified 31/01/2024

Charges0 outstanding

Charge
satisfied

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LLOYDS BANK PLC

Created 02/11/2015Registered 02/11/2015Satisfied 25/02/2022
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THE ROYAL BANK OF SCOTLAND PLC

Created 09/06/2010Registered 15/06/2010Satisfied 21/07/2018
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 30/06/2008Registered 01/07/2008Satisfied 07/06/2011

CompanyRankvs 41310+ SIC 41202 peers
42

Financial strength4th percentile among SIC peers · 1/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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

-£72k

Balance sheet strength

Cash

£163

Cash in the bank

Net Current Assets

-£73k

Working capital

Current Assets

£1k

Current Liabilities

£74k

Fixed Assets

£652

Debtors

£1k

2avg. employees-3

Balance Sheet

Assets less current liabilities-£72k
Signed by Mr Gary Latus 22/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02
20240.38
20230.81
20220.94+£14k
20211.02-£69k
20201.54+£14k
20191.15

Derived from filed accounts. Not audited figures.