Promeritum Developments Limited
09085877
Healthy
No risk factors detected.
Details
Compliance
Last accounts
30/06/2025
micro entity
Next accounts due
31/03/2027
Confirmation statement
Last: 13/06/2025
Due 27/06/2026
Industry
Officers
director · Since 17/05/2018
DIRECTOR
AUSTRALIAN · ENGLAND · Age 52
Also on 4 other boards
Persons with Significant Control
David Rich
American · United States · Age 57
First Floor, West Barn, North Frith Farm, Ashes Lane, Hadlow, Tonbridge, TN11 9QU
Notified 06/04/2016
Mr David Vikram Persaud
British · England · Age 54
First Floor, West Barn, North Frith Farm, Ashes Lane, Hadlow, Tonbridge, TN11 9QU
Notified 06/04/2016
CompanyRankvs 197+ SIC 64303 peers75
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/06/2025
Net Worth
£1.6M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£7.5M
Working capital
Current Assets
£8.1M
Current Liabilities
£587k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 13.77 | +£0 |
| 2025 | 13.77 | +£36k |
| 2024 | 12.05 | +£319k |
| 2023 | 11.99 | +£347k |
| 2022 | 12.46 | +£314k |
| 2021 | 10.71 | +£148k |
| 2020 | 35.76 | +£227k |
| 2019 | 18.82 | -£28k |
| 2018 | 25.78 | — |
Derived from filed accounts. Not audited figures.