Area Developments Limited
08445190
Some Concerns
- Negative net worth (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/03/2013
CHARTERED SURVEYOR
BRITISH · ENGLAND · Age 64
Also on 9 other boards
Persons with Significant Control
Mr Craig Robertson Ritchie
British · England · Age 64
313, Dyke Road, Hove, BN3 6PE
Notified 06/04/2016
Charges3 outstanding
SHAWBROOK BANK LIMITED
SHAWBROOK BANK LIMITED
SHAWBROOK BANK LIMITED
CompanyRankvs 48293+ SIC 41100 peers33
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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.
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 31/03/2025
Net Worth
-£228k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
£72k
Working capital
Current Assets
£679k
Current Liabilities
£607k
Debtors
£671k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.12 | -£24k |
| 2024 | 1.17 | -£24k |
| 2023 | 1.21 | -£44k |
| 2022 | 2.33 | -£38k |
| 2021 | 11.05 | -£27k |
| 2020 | 29.52 | -£29k |
| 2019 | 189.96 | — |
Derived from filed accounts. Not audited figures.