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Cyncoed Development Co Limited

09021610

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

15 FFORDD CWELLYN, CARDIFF, CF23 5NB
Incorporated 01/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Michael Sarhan

director · Since 01/05/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 5 other boards

Persons with Significant Control

Mr Michael Sarhan

75–100% shares

Syrian · Wales · Age 65

15, Ffordd Cwellyn, Cardiff, CF23 5NB

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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CompanyRankvs 26549+ SIC 41100 peers
48

Financial strength86th percentile among SIC peers · 22/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees7/15 pts

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

Liquidity2/20 pts

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

Longevity12/15 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

£251k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£98k

Working capital

Current Assets

£6k

Current Liabilities

£104k

Fixed Assets

£1.0M

1avg. employees

Balance Sheet

Assets less current liabilities£939k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£60k
20240.01+£447
20230.28+£109k
20220.05+£40k
20210.12+£13k
20200.06-£3k
20190.04+£6k

Derived from filed accounts. Not audited figures.