Psalm 1 Limited
07728689
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/08/2011
DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 10 other boards
director · Since 04/08/2011
DESIGNER
BRITISH · UNITED KINGDOM · Age 42
Also on 1 other board
Persons with Significant Control
Mr Richard Peter Balding
British · England · Age 49
Nineplus House, Henver Road, Newquay, TR7 3EJ
Notified 01/09/2016
Charges0 outstanding
HIGHWAY DEVELOPMENTS LIMITED
LLOYDS BANK PLC
CompanyRankvs 30+ SIC 64191 peers78
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£395k
Balance sheet strength
Cash
£46k
Cash in the bank
Net Current Assets
£277k
Working capital
Current Assets
£378k
Current Liabilities
£101k
Fixed Assets
£588k
Debtors
£332k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.75 | +£188k |
| 2024 | 2.64 | -£38k |
| 2023 | 5.76 | -£189k |
| 2022 | 7.63 | +£91 |
| 2021 | 23.34 | +£72k |
| 2021 | 7.80 | — |
Derived from filed accounts. Not audited figures.