Friars Developments Limited
07778597
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 19/09/2025
Due 03/10/2026
Industry
Officers
director · Since 11/05/2022
LEGAL DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 53 other boards
director · Since 11/05/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 34
Also on 11 other boards
director · Since 31/03/2025
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 242 other boards
Persons with Significant Control
Galliard Holdings Limited
3rd Floor, Sterling House, Langston Road, Loughton, IG10 3TS
Reg: 3368629 · Companies House · Private Limited Company
Notified 19/09/2016
Charges3 outstanding
DEVELOPMENT FINANCE (MARYLEBONE) LIMITED AS SECURITY AGENT
BARCLAYS BANK PLC
BARCLAYS BANK PLC
REFLEX BRIDGING LIMITED
PLOTPLAN LIMITED
GALLIARD HOLDINGS LIMITED
HOME GROUP DEVELOPMENTS LIMITED
REFLEX BRIDGING LIMITED
REFLEX BRIDGING LIMITED
REFLEX BRIDGING LIMITED
REFLEX BRIDGING LIMITED
CompanyRankvs 1315800+ SIC 82990 peers25
Show leaderboard
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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2025
Net Worth
£2
Balance sheet strength
Cash
£39k
Cash in the bank
Profit Before Tax
-£5.2M
Bottom line earnings
Net Current Assets
-£17.5M
Working capital
Current Assets
£81.0M
Current Liabilities
£98.4M
Debtors
£66.7M
Cost of Sales
£67.1M
Admin Expenses
£1.1M
Profit After Tax
-£5.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.82 |
| 2024 | 0.87 |
Derived from filed accounts. Not audited figures.