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Sheen Lane Developments Limited

08491696

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

3RD FLOOR, BRIGHTON, BN1 4EA
Incorporated 16/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Martin Christopher Tynan

director · Since 28/08/2015

RETAIL MANAGER

IRISH · UNITED KINGDOM · Age 55

Also on 3 other boards

Persons with Significant Control

Mr Martin Christopher Tynan

75–100% shares
75–100% votes
Appoint directors

Irish · United Kingdom · Age 55

3rd Floor, 37 Frederick Place, Brighton, BN1 4EA

Notified 06/04/2016

Former PSCs

Mr Patrick George Lyons

Ceased 24/05/2024

Charges5 outstanding

Charge
outstanding

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Created 22/09/2022Registered 28/09/2022Satisfied 23/07/2024
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satisfied

TAB ACM LIMITED

Created 09/09/2022Registered 14/09/2022Satisfied 23/07/2024
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satisfied

ZORIN AVENUE LENDCO 2 LIMITED

Created 23/06/2022Registered 24/06/2022Satisfied 23/07/2024
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satisfied

REFLEX BRIDGING LIMITED

Created 20/06/2022Registered 23/06/2022Satisfied 13/07/2023
Charge
outstanding

ZORIN AVENUE LEND CO 1 DESIGNATED ACTIVITY COMPANY

Created 03/11/2021Registered 04/11/2021
Charge
satisfied

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Created 06/09/2021Registered 08/09/2021Satisfied 23/07/2024
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satisfied

VEBRAL LIMITED

Created 05/07/2021Registered 12/07/2021Satisfied 23/07/2024
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SPEAR INVESTMENTS IRELAND DAC

Created 28/05/2021Registered 08/06/2021Satisfied 23/07/2024
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MASLOW IV LIMITED

Created 28/05/2021Registered 03/06/2021Satisfied 23/07/2024
Charge
satisfied

REFLEX BRIDGING LIMITED

Created 23/04/2021Registered 25/04/2021Satisfied 13/07/2023
Charge
satisfied

ZORIN AVENUE LEND CO 1 DESIGNATED ACTIVITY COMPANY

Created 09/02/2021Registered 10/02/2021Satisfied 21/07/2023
Charge
outstanding

ZORIN AVENUE LEND CO 1 DESIGNATED ACTIVITY COMPANY

Created 10/12/2020Registered 17/12/2020
Charge
satisfied

CSPP FINANCE LIMITED

Created 30/09/2019Registered 02/10/2019Satisfied 23/07/2024

CompanyRankvs 15+ SIC 41202 peers
20

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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

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

and the responsibilities of the director with respect to going concern are described in the relevant sections of this report. Material uncertainty related to going concern We draw attention within the financial statements, which indicates that the Group incurred a net loss £26.5m during the year ended 30 April 2023 and net liabilities of £8.47m. As stated in the strate

Key FinancialsYear ending 30/04/2023

Net Worth

-£7.4M

Balance sheet strength

Cash

£443k

Cash in the bank

Net Current Assets

£5.2M

Working capital

Current Assets

£45.6M

Current Liabilities

£40.4M

Fixed Assets

£2.3M

Debtors

£42.5M

Profit After Tax

-£26.6M

22avg. employees

Balance Sheet

Assets less current liabilities£7.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20231.13

Derived from filed accounts. Not audited figures.