Whiteheads Development Company Limited
08741542
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 01/10/2021
director · Since 01/04/2024
RETIRED
BRITISH · UNITED KINGDOM · Age 58
Also on 3 other boards
Persons with Significant Control
Tirion Group Limited
7, Neptune Court, Vanguard Way, Cardiff, CF24 5PJ
Reg: 8891823 · Companies House · Charity
Notified 06/04/2016
Charges3 outstanding
DBW INVESTMENTS (11) LIMITED
THE WELSH MINISTERS
THE WELSH MINISTERS
CompanyRankvs 568750+ SIC 41100 peers28
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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
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
5B) of the Companies Act 2006 The Report of the Auditors was unqualified. Clive Edwards (Senior Statutory Auditor) for and on behalf of Menzies LLP, Statutory Auditors Material uncertainty related to going concern We draw attention to note 2, 'Going Concern', in the financial statements. As at 31 March 2025, the company's total liabilities exceeded its total assets by £737,388. As stated in note 2
Key FinancialsYear ending 31/03/2025
Net Worth
-£737k
Balance sheet strength
Cash
£1.9M
Cash in the bank
Net Current Assets
-£737k
Working capital
Current Assets
£20.4M
Current Liabilities
£21.1M
Debtors
£8.3M
Profit After Tax
-£82k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.97 | -£82k |
| 2024 | 1.98 | +£880k |
| 2023 | 72.87 | -£604k |
| 2022 | 31.01 | +£1.5M |
| 2021 | 19.15 | -£530k |
| 2020 | 0.77 | -£287k |
| 2019 | 254.23 | — |
Derived from filed accounts. Not audited figures.