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Project 1 Developments Limited

09105785

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

27 St. Cuthberts Street, Bedford, MK40 3JG
Incorporated 27/06/2014

Previously known as

Project 1 Building Services Limited · until 08/03/2016

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

43999
Specialised construction activities

Officers

Mr Desmond Kenneth Brown

director · Since 27/06/2014

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 5 other boards

Desmond Kenneth Brown

director · Since 27/06/2014

British · England · Age 55

Persons with Significant Control

Mr Desmond Kenneth Brown

75–100% shares
75–100% votes
Appoint directors

British · England · Age 55

27, St. Cuthberts Street, Bedford, MK40 3JG

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 16/11/2018Registered 20/11/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 07/11/2018Registered 15/11/2018Satisfied 04/04/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 03/02/2017Registered 11/02/2017
Charge
satisfied

BARCLAYS BANK PLC

Created 14/11/2016Registered 21/11/2016Satisfied 04/04/2022

Change History

officer appointed → BROWN, Desmond Kenneth
2026-08-15
status → active
2026-08-15

Active

type → ltd
2026-08-15

Private Limited Company

address line1 → 27 St. Cuthberts Street
2026-08-15

27 ST. CUTHBERTS STREET

post town → Bedford
2026-08-15

BEDFORD

CompanyRankvs 23087+ SIC 43999 peers
42

Financial strength74th percentile among SIC peers · 19/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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23087Project 1 Developments Limited
52
How is this score calculated?
Financial strength19/25 pts

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

Employees4/15 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 30/06/2025

Net Worth

£44k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£84k

Working capital

Current Assets

£666

Current Liabilities

£85k

Fixed Assets

£158k

1avg. employees

Balance Sheet

Assets less current liabilities£73k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£0
20250.01+£6k
20240.05+£9k
20230.02—

Derived from filed accounts. Not audited figures.