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Ameg Developments Ltd

09054269

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

SUITE 7A LAKELAND BUSINESS PARK, COCKERMOUTH, CA13 0QT
Incorporated 23/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Patrick David Roe

director · Since 23/05/2014

CO- DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 2 other boards

Mr John Flynn

director · Since 18/09/2019

RETIRED SOLICITOR

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Mr John Peter Reece

director · Since 18/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 5 other boards

Persons with Significant Control

Rr Projects Limited

75–100% shares

Springfield House, Oakfield Road, Newcastle Upon Tyne, NE3 4HS

Reg: 12110255 · England And Wales · Private Limited Company

Notified 18/09/2019

Former PSCs

Acer Holdings Limited

Ceased 18/09/2019

Charges2 outstanding

Charge
outstanding

LGA DEVELOPMENTS LIMITED

Created 18/12/2017Registered 19/12/2017
Charge
outstanding

LGA DEVELOPMENTS LIMITED

Created 13/11/2017Registered 15/11/2017

CompanyRankvs 867730+ SIC 41100 peers
12

Financial strength3th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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

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

a willingness to continue to support it so that it can meet its current obligations as they become due. No material uncertainties that cast doubt about the ability of the company to continue as a going concern have been identified by the directors. 2.3 Investment property Investment property under construction is recognised at cost. No depreciation is provided. 2.4 Financial instruments The co

Key FinancialsYear ending 31/05/2025

Net Worth

-£276k

Balance sheet strength

Cash

£8

Cash in the bank

Net Current Assets

-£1.6M

Working capital

Current Assets

£21k

Current Liabilities

£1.6M

Fixed Assets

£1.3M

Debtors

£21k

0avg. employees

Balance Sheet

Assets less current liabilities-£276k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£0
20250.01-£3k
20240.01-£4k
20230.01+£25k
20220.02-£3k
20210.02-£95k
20200.02-£32k
20190.03-£220k
20180.94

Derived from filed accounts. Not audited figures.