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Jota Development Limited

08757518

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

STUBBY GROVE FARM BELLS YEW GREEN ROAD, TUNBRIDGE WELLS, TN3 9BT
Incorporated 01/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

David Clark

director · Since 01/11/2013

DIRECTOR

BRITISH · ENGLAND · Age 78

Sam Hignett

director · Since 01/11/2013

DIRECTOR

BRITISH · ENGLAND · Age 47

Mr Matthew Lewis Alvarez

director · Since 22/12/2023

DIRECTOR

AMERICAN · UNITED STATES · Age 54

Also on 3 other boards

Mr Patrick Daniel Grow

director · Since 22/12/2023

DIRECTOR

AMERICAN · UNITED STATES · Age 34

Also on 3 other boards

Persons with Significant Control

Jota Holdings Limited

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

Stubby Grove Farm, Bells Yew Green Road, Tunbridge Wells, TN3 9BT

Reg: 14453594 · Companies House (England And Wales) · Private Limited Company

Notified 11/11/2022

Former PSCs

Mr David Clark

Ceased 11/11/2022

Mr Simon James Dolan

Ceased 14/02/2020

Mr Samuel John Hignett

Ceased 11/11/2022

CompanyRankvs 11028+ SIC 93199 peers
49

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.89× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2023

Net Worth

-£1.1M

Balance sheet strength

Cash

£3.9M

Cash in the bank

Net Current Assets

-£933k

Working capital

Current Assets

£7.8M

Current Liabilities

£8.7M

Fixed Assets

£864k

Debtors

£3.8M

24avg. employees

Balance Sheet

Assets less current liabilities-£69k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.89-£456k
20220.67-£927k
20210.75+£352k
20200.80-£303k
20190.89+£1.3M
20180.41

Derived from filed accounts. Not audited figures.