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Townsend Property Development Ltd

07405552

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PORT REGIS, BROADSTAIRS, CT10 3PT
Incorporated 13/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Benjamin Alasdair William Townsend

director · Since 13/10/2010

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Mr Benjamin Alasdair Townsend

75–100% shares

British · England · Age 42

Port Regis, Convent Road, Broadstairs, CT10 3PT

Notified 13/10/2016

Charges2 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 21/02/2014Registered 07/03/2014
charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 28/02/2013Registered 08/03/2013
charge
satisfied

THE KENT COUNTY COUNCIL

Created 25/05/2012Registered 30/05/2012Satisfied 02/05/2015

CompanyRankvs 17074+ SIC 41100 peers
59

Financial strength93th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.95× · 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 strength23/25 pts

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

Employees10/15 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 31/10/2024

Net Worth

£815k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£46k

Working capital

Current Assets

£936k

Current Liabilities

£981k

Fixed Assets

£1.8M

2avg. employees+1

Balance Sheet

Assets less current liabilities£1.7M
Signed by 07405552 2023-11-01 2024-10-31 07405552 2024-10-31 07405552 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95-£149k
20236.52+£156k
20220.77+£70k
20210.77-£32k
20200.64-£7k
20190.63+£43k
20180.63

Derived from filed accounts. Not audited figures.