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Myles Developments Limited

06538657

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

61 GROVE LANE, CHEADLE, SK8 7LZ
Incorporated 19/03/2008

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 19/03/2026

Due 02/04/2027

On track

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate

Officers

Mr Mark Raymond Myles Costello

director · Since 19/03/2008

DIRECTOR

ENGLISH · ENGLAND · Age 44

Also on 1 other board

Raymond John Myles Costello

director · Since 19/03/2008

DIRECTOR

BRITISH · ENGLAND · Age 74

Persons with Significant Control

Mr Raymond John Myles Costello

50–75% shares

British · England · Age 74

61, Grove Lane, Cheadle, SK8 7LZ

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

JEAN COSTELLO AND RAYMOND JOHN MILES COSTELLO

Created 17/05/2010Registered 18/05/2010
charge
outstanding

JEAN COSTELLO AND RAY COSTELLO

Created 16/03/2009Registered 24/03/2009

CompanyRankvs 11387+ SIC 41100 peers
60

Financial strength82th percentile among SIC peers · 21/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.14× · 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 strength21/25 pts

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

Employees7/15 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 30/09/2024

Net Worth

£136k

Balance sheet strength

Cash

£310k

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£357k

Current Liabilities

£315k

Fixed Assets

£93k

Debtors

£47k

1avg. employees

Tax at Year End

Corp tax£8k

Director Loans

Company owes directors£258k

Balance Sheet

Assets less current liabilities£136k
Signed by Mr R J Costello 23/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.14+£32k
20231.03+£40k
20221.12+£27k
20211.16+£22k
20201.22
20191.20
20181.20

Derived from filed accounts. Not audited figures.