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Spud Commercial Limited

08489830

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

BAYFORDBURY MANSION, HERTFORD, SG13 8RE
Incorporated 16/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mark Andrew Lahiff

director · Since 26/02/2015

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 62

Also on 30 other boards

Mr William Robert Lahiff

director · Since 01/03/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 24

Also on 2 other boards

Persons with Significant Control

Mr Mark Andrew Lahiff

75–100% shares

British · England · Age 62

Bayfordbury Mansion, Lower Hatfield Road, Hertford, SG13 8RE

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BANK OF CYPRUS UK LIMITED

Created 13/02/2017Registered 02/03/2017
Charge
outstanding

METRO BANK PLC

Created 25/01/2016Registered 03/02/2016
Charge
outstanding

METRO BANK PLC

Created 25/01/2016Registered 03/02/2016

CompanyRankvs 42680+ SIC 68209 peers
60

Financial strength95th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 pts

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

Liquidity6/20 pts

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

Longevity13/15 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 31/03/2025

Net Worth

£1.6M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£159k

Working capital

Current Assets

£426k

Current Liabilities

£584k

Fixed Assets

£1.8M

2avg. employees

Balance Sheet

Assets less current liabilities£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.73+£178k
20240.46-£240k
20230.86+£45k
20220.82+£41k
20210.86-£23k
20200.88-£84k
20190.96

Derived from filed accounts. Not audited figures.