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Principle Demolition Limited

07601132

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

77 LEADENHALL STREET, LONDON, EC3A 3DE
Incorporated 12/04/2011

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 05/04/2026

Due 19/04/2027

On track

Industry

41100
Development of building projects

Officers

Mr Daniel John Madigan

director · Since 12/04/2011

DIRECTOR

IRISH · ENGLAND · Age 48

Also on 2 other boards

John Madigan

director · Since 12/04/2011

DIRECTOR

IRISH · ENGLAND · Age 43

Also on 1 other board

Mr Dermot Gill

director · Since 28/06/2011

CONSTRUCTION MANAGER

IRISH · UNITED KINGDOM · Age 48

Also on 1 other board

Persons with Significant Control

Mr Dermot Gill

25–50% shares

Irish · England · Age 48

77, Leadenhall Street, London, EC3A 3DE

Notified 16/05/2019

Mr Daniel John Madigan

25–50% shares

Irish · England · Age 48

77, Leadenhall Street, London, EC3A 3DE

Notified 16/05/2019

Former PSCs

Madigan Gill Group Holdings Limited

Ceased 16/05/2019

Mr John Madigan

Ceased 05/04/2024

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LTD (THE "SECURITY TRUSTEE")

Created 23/10/2014Registered 30/10/2014
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 02/03/2012Registered 06/03/2012Satisfied 23/01/2024

CompanyRankvs 4762+ SIC 41100 peers
68

Financial strength88th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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4762Principle Demolition Limited
78
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 30/09/2024

Net Worth

£367k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£362k

Working capital

Current Assets

£2.8M

Current Liabilities

£2.4M

Fixed Assets

£7k

Debtors

£2.8M

5avg. employees-2

Tax at Year End(2021)

Corp tax£35k

Balance Sheet

Assets less current liabilities£369k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.15+£34k
20231.20+£316k
20221.01-£523k
20211.47+£63k
20201.43-£300k
20191.71+£124k
20181.62—

Derived from filed accounts. Not audited figures.