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L J Developments (South West) Limited

07137595

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

ROLLE ROAD, TORRINGTON, EX38 8AU
Incorporated 27/01/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities
49410
Freight transport by road

Officers

Mr Leon Richard Adams

director · Since 27/01/2010

DIRECTOR

BRITISH · UNITED KINGDOM ( ENGLAND ) (GB-ENG) · Age 44

Also on 1 other board

Persons with Significant Control

Mr Leon Richard Adams

25–50% shares
25–50% votes

British · United Kingdom · Age 44

C/O L J Developments (South West) Ltd, Rolle Road, Torrington, EX38 8AU

Notified 06/04/2016

Mrs Jennifer Ann Cowling

25–50% shares
25–50% votes

British · United Kingdom · Age 60

Honeysuckle Cottage, 3 Eastacombe, Bishops Tawton, EX32 0BP

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

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Charge
outstanding

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Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/04/2014Registered 17/04/2014

CompanyRankvs 7329+ SIC 43999 peers
56

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

a welcome boost to the housing market. The director is not aware of any significant risks or uncertainties which would cast significant doubt about the ability of the company to continue as a going concern. FUTURE DEVELOPMENTS The company continues to look for opportunities for further expansion and in particular will look to secure the completion of the quarry acquisition in order to secu

Key FinancialsYear ending 30/09/2024

Turnover

£8.5M

Annual revenue

Net Worth

£2.0M

Balance sheet strength

Cash

£48k

Cash in the bank

Profit Before Tax

£848k

Bottom line earnings

Net Current Assets

-£802k

Working capital

Current Assets

£2.2M

Current Liabilities

£3.0M

Fixed Assets

£6.0M

Debtors

£2.0M

Cost of Sales

£5.8M

Gross Profit

£2.8M

Admin Expenses

£1.7M

Operating Profit

£1.1M

Profit After Tax

£636k

69avg. employees+6

People Costs

Wages & salaries£2.9M
NI contributions£307k

Balance Sheet

Bank loans & overdrafts£56k
Assets less current liabilities£5.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73+£636k
20230.58+£224k
20220.69+£339k
20210.73+£273k
20200.66

Derived from filed accounts. Not audited figures.