Avakas Developments Limited

07438018

active

Private Limited Company

england wales

Companies House

Health Score

65 / 100

Some Concerns

25/30

Filing

10/30

Financial

30/40

Risk

No accounts filed in last 18 months (-5)
Current liabilities exceed current assets (-10)
30 outstanding charges (-10)

Details

UNIT 7 MULBERRY PLACE, ELTHAM, SE9 6AR

Incorporated 12/11/2010

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/11/2025

Due 26/11/2026

On track

Industry

41100

Development of building projects

68209

Other letting and operating of own or leased real estate

Officers

director · Since 12/11/2010

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mr Gavin Neil Mclean

director · Since 11/08/2021

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 4 other boards

Persons with Significant Control

Mr James Tyler

50–75% shares

50–75% votes

British · Singapore · Age 55

Nichols & Co, 7 Mulberry Place, Eltham, SE9 6AR

Notified 06/04/2016

Exodus Fund Holding Ltd

75–100% shares

75–100% votes

101&201 Domenica Corner Building, 21 Evagoras Pallikarides Str., 8010 Pathos

Reg: 349977 · Cyprus · Private Limited Company

Notified 13/11/2020

Former PSCs

Mr Joseph Anthony Macedo

Ceased 23/02/2024

Mrs Christina Andreade Macedo

Ceased 14/02/2017

Charges30 outstanding

Charge

outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/05/2016Registered 13/05/2016

Charge

outstanding

SULLA MANAGEMENT LIMITED

Created 25/03/2015Registered 01/04/2015

Charge

outstanding

SULLA MANAGEMENT LIMITED

Created 14/01/2015Registered 22/01/2015

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 16/09/2014Registered 18/09/2014

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 16/09/2014Registered 18/09/2014

Charge

outstanding

SULLA MANAGEMENT LIMITED

Created 06/08/2014Registered 18/08/2014

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 24/01/2014Registered 27/01/2014

Charge

outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/01/2014Registered 18/01/2014

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 25/10/2013Registered 28/10/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 25/10/2013Registered 28/10/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 25/10/2013Registered 28/10/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 25/10/2013Registered 28/10/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 25/10/2013Registered 28/10/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 09/10/2013Registered 11/10/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 09/10/2013Registered 11/10/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 09/10/2013Registered 11/10/2013

Charge

outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/09/2013Registered 08/10/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 03/10/2013Registered 07/10/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 03/10/2013Registered 07/10/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 14/06/2013Registered 17/06/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 14/06/2013Registered 17/06/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 14/06/2013Registered 17/06/2013

Charge

outstanding

SHAWBROOK BANK LIMITED

Created 14/05/2013Registered 15/05/2013

charge

satisfied

JAMES TYLER

Created 27/02/2013Registered 01/03/2013

charge

satisfied

JAMES TYLER

Created 27/02/2013Registered 01/03/2013

charge

outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/01/2013Registered 07/02/2013

charge

outstanding

SHAWBROOK BANK LIMITED

Created 16/08/2012Registered 20/08/2012

charge

outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/12/2011Registered 22/12/2011

charge

outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/09/2011Registered 24/09/2011

charge

outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/08/2011Registered 02/09/2011

charge

outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/08/2011Registered 02/09/2011

charge

outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/08/2011Registered 13/08/2011

CompanyRankvs 48883+ SIC 41100 peers
32

Financial strength30th percentile among SIC peers · 8/25

Employees14th percentile among SIC peers · 2/15

LiquidityCurrent ratio 0.06× · 2/20

Longevity15 years trading (max 15) · 15/15

Filing complianceAll filings up to date · 15/15

Outstanding charges -10

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48883Avakas Developments Limited

42

How is this score calculated?

Financial strength8/25 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.

Liquidity2/20 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 31/12/2024

Net Worth

£2

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£344k

Working capital

Current Assets

£21k

Current Liabilities

£366k

Fixed Assets

£13

Debtors

£14k

Profit After Tax

-£100k

0avg. employees

Tax at Year End

Dividends paid£845

Balance Sheet

Assets less current liabilities-£344k

Prepared with IRIS Accounts Production

EstimatesDerived

Year	Current Ratio
2024	0.06
2023	0.12

Derived from filed accounts. Not audited figures.