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Mydy Developments Limited

08813105

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

146 NEW LONDON ROAD, CHELMSFORD, CM2 0AW
Incorporated 12/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael John Yolland

director · Since 12/12/2013

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Persons with Significant Control

Mydy Limited

75–100% shares
75–100% votes

146, New London Road, Chelmsford, CM2 0AW

Reg: 07458753 · Companies House · Limited By Shares

Notified 28/04/2016

Charges1 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 05/07/2017Registered 06/07/2017

CompanyRankvs 26152+ SIC 68209 peers
63

Financial strength87th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 7.07× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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26152Mydy Developments Limited
72
How is this score calculated?
Financial strength22/25 pts

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

Employees3/15 pts

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

Liquidity20/20 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

£357k

Balance sheet strength

Cash

£70

Cash in the bank

Net Current Assets

£46k

Working capital

Current Assets

£53k

Current Liabilities

£8k

Fixed Assets

£365k

Debtors

£53k

0avg. employees

Tax at Year End

Corp tax£2k

Balance Sheet

Assets less current liabilities£410k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20257.07+£6k
20241.79-£120k
202311.90+£6k
202211.47+£20k
20213.55+£211k
20200.88+£81k
20191.09—

Derived from filed accounts. Not audited figures.