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Project 400 Limited

08337876

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

OLD WHITMAN'S FARM HOUSE, CHELMSFORD, CM3 6RW
Incorporated 20/12/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30990
Manufacture of other transport equipment

Officers

Mr Alexander Macfadzean

director · Since 20/12/2012

ENGINEER

BRITISH · UNITED KINGDOM · Age 82

Also on 3 other boards

Persons with Significant Control

Mr Alexander Macfadzean

75–100% shares

British · United Kingdom · Age 82

Old Whitman's Farm, House, Chelmsford, CM3 6RW

Notified 01/06/2016

CompanyRankvs 346+ SIC 30990 peers
55

Financial strength4th percentile among SIC peers · 1/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 200.42× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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.

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

-£162k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£115k

Working capital

Current Assets

£116k

Current Liabilities

£579

Fixed Assets

£423

1avg. employees

Balance Sheet

Assets less current liabilities£116k
Signed by Mr Alexander Macfadzean 30 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024200.42-£39k
2023104.99

Derived from filed accounts. Not audited figures.