Market Town Developments Limited
07265684
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/05/2010
BANKER
BRITISH · UNITED KINGDOM · Age 60
Also on 17 other boards
director · Since 10/09/2018
COMPANY DIRECTOR
EMIRATI · ENGLAND · Age 67
Also on 5 other boards
Persons with Significant Control
Mr Khalid Mohamed Mahdi Al Tajir
Emirati · England · Age 67
Martlet House, E1 Yeoman Gate, Worthing, BN13 3QZ
Notified 06/04/2016
CompanyRankvs 842040+ SIC 82990 peers46
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2024
Net Worth
£1k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£86k
Working capital
Current Assets
—
Current Liabilities
£7.1M
Fixed Assets
£9k
Debtors
£7.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.99 |
| 2022 | 0.99 |
| 2021 | 0.99 |
| 2020 | 1.00 |
| 2019 | 1.00 |
Derived from filed accounts. Not audited figures.