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Skn Developments Limited

07605427

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

15 PROSPECT STREET, BRIDLINGTON, YO15 2AE
Incorporated 15/04/2011

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 15/04/2026

Due 29/04/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mandip Singh Nagra

director · Since 20/07/2011

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 24 other boards

Mandip Singh Nagra

secretary · Since 18/01/2013

BRITISH

Persons with Significant Control

Mr Mandip Singh Nagra

50–75% shares
50–75% votes
Appoint directors

British · England · Age 58

15, Prospect Street, Bridlington, YO15 2AE

Notified 06/04/2016

Mr Shaun Derek Larvin

25–50% shares
25–50% votes

British · England · Age 50

Princes House, Wright Street, Hull, HU2 8HX

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

RIVERSIDE DEVELOPMENTS (HULL) LIMITED

Created 08/12/2023Registered 12/12/2023
Charge
satisfied

SHAUN DEREK LARVIN

Created 18/03/2021Registered 22/03/2021Satisfied 22/09/2022
charge
satisfied

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 06/09/2012Registered 13/09/2012Satisfied 02/03/2018
charge
outstanding

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 23/12/2011Registered 10/01/2012
charge
satisfied

SANTANDER UK PLC (AS SECURITY AGENT)

Created 23/12/2011Registered 10/01/2012Satisfied 02/03/2018
charge
satisfied

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 23/12/2011Registered 10/01/2012Satisfied 02/03/2018

CompanyRankvs 167447+ SIC 68209 peers
31

Financial strength1th percentile among SIC peers · 0/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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167447Skn Developments Limited
41
How is this score calculated?
Financial strength0/25 pts

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

Employees9/15 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 30/09/2024

Net Worth

-£393k

Balance sheet strength

Cash

£264

Cash in the bank

Net Current Assets

-£743k

Working capital

Current Assets

£264

Current Liabilities

£743k

Profit After Tax

£4k

1avg. employees

Tax at Year End

Corp tax£2k

Balance Sheet

Bank loans & overdrafts£32k
Assets less current liabilities-£393k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.00+£4k—
20230.07-£25k—
20220.08-£2.8M£3k
20180.57——

Derived from filed accounts. Not audited figures.