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Adoni Developments Limited

09044657

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

28 UNION STREET, SOUTHPORT, PR9 0QE
Incorporated 16/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Andrew Mark Cunningham

director · Since 16/05/2014

CHARTERED ARCHITECTURAL TECHNOLOGIST

BRITISH · ENGLAND · Age 52

Also on 17 other boards

Mr Simon Field Westmacott

director · Since 16/05/2014

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 81

Also on 8 other boards

Persons with Significant Control

Mr Andrew Mark Cunningham

25–50% shares

British · England · Age 52

28, Union Street, Southport, PR9 0QE

Notified 06/04/2016

Mr Simon Field Westmacott

Significant control

British · England · Age 81

28, Union Street, Southport, PR9 0QE

Notified 06/04/2016

Mrs Ann Victoria Woodley

25–50% shares

British · England · Age 78

28, Union Street, Southport, PR9 0QE

Notified 16/05/2016

Mr Peter Cunningham

25–50% shares

British · England · Age 84

28, Union Street, Southport, PR9 0QE

Notified 16/05/2016

CompanyRankvs 3818+ SIC 41100 peers
70

Financial strength90th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3818Adoni Developments Limited
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How is this score calculated?
Financial strength23/25 pts

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

Employees10/15 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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/03/2022

Turnover

£4.0M

Annual revenue

Net Worth

£550k

Balance sheet strength

Cash

£468k

Cash in the bank

Profit Before Tax

£604k

Bottom line earnings

Net Current Assets

£550k

Working capital

Current Assets

£1.0M

Current Liabilities

£453k

Debtors

£535k

Cost of Sales

£3.2M

Gross Profit

£828k

Admin Expenses

£63k

Operating Profit

£815k

Profit After Tax

£604k

2avg. employees+1

Balance Sheet

Assets less current liabilities£550k
Signed by Mr S F Westmacott 23 March 2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20222.22+£260k
20211.05+£299k
20192.74—

Derived from filed accounts. Not audited figures.