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Lee Bay (Development) Limited

06955422

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

9 WORTON PARK, CASSINGTON, OX29 4SX
Incorporated 07/07/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr David Alan Higgins

secretary · Since 07/07/2009

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Mr David Alan Higgins

director · Since 07/07/2009

DEVELOPER

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Mrs Vanessa Claire Higgins

director · Since 07/07/2009

DEVELOPER

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr David Alan Higgins

25–50% shares

United Kingdom · United Kingdom · Age 66

Holystreet Manor, Chagford, Newton Abbot, TQ13 8HQ

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

RST1 SOUTHWEST GROUP LIMITED

Created 24/12/2014Registered 10/01/2015
Charge
outstanding

RST1 SOUTH WEST GROUP LIMITED

Created 01/07/2014Registered 18/07/2014

CompanyRankvs 148763+ SIC 70229 peers
29

Financial strength2th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.84× · 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.

Employees2/15 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 31/07/2024

Net Worth

-£69k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£366k

Current Liabilities

£435k

0avg. employees

Balance Sheet

Assets less current liabilities-£69k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.84+£0
20230.84+£0
20220.84-£1k
20210.84-£149k
20201.04+£8k
20191.04-£6k
20181.04

Derived from filed accounts. Not audited figures.