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Brac Developments Limited

07061110

active
ltd
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

98 Hornchurch Road, Hornchurch, RM11 1JS
Incorporated 29/10/2009

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 10/02/2026

Due 24/02/2027

On track

Industry

41100
Development of building projects
43390
Other building completion and finishing
43999
Specialised construction activities

Officers

Mr Lee Anthony Bradley

director · Since 29/10/2009

NONE

BRITISH · ENGLAND · Age 62

Also on 4 other boards

Mr Adam James Clark

director · Since 29/10/2009

NONE

BRITISH · ENGLAND · Age 62

Also on 6 other boards

Lee Anthony Bradley

director · Since 29/10/2009

British · England · Age 62

Adam James Clark

director · Since 29/10/2009

British · England · Age 62

Persons with Significant Control

Mr Adam James Clark

25–50% votes
Appoint directors

British · England · Age 62

67 Hill Avenue, Wickford, SS11 8LH

Notified 01/07/2016

Mr Lee Anthony Bradley

25–50% votes
Appoint directors

British · England · Age 62

Willow Cottage, 61 Station Road, Southminster, CM0 7EW

Notified 01/07/2016

Charges3 outstanding

Charge
outstanding

UNITED TRUST BANK LIMITED

Created 21/08/2020Registered 28/08/2020
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 21/08/2020Registered 28/08/2020
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 21/08/2020Registered 28/08/2020

Change History

statusactive
2026-07-24

Active

typeltd
2026-07-24

Private Limited Company

address line198 Hornchurch Road
2026-07-24

98 HORNCHURCH ROAD

post townHornchurch
2026-07-24

HORNCHURCH

officer appointedBRADLEY, Lee Anthony
2026-07-24
officer appointedCLARK, Adam James
2026-07-24

CompanyRankvs 59290+ SIC 41100 peers
30

Financial strength15th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.55× · 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 strength4/25 pts

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

Employees0/15 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 31/10/2025

Net Worth

-£9k

Balance sheet strength

Cash

£450

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£11k

Current Liabilities

£20k

Debtors

£10k

Balance Sheet

Assets less current liabilities-£9k
Signed by Mr A J Clark 14/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.55-£1k
20240.64
20230.82

Derived from filed accounts. Not audited figures.