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Brixton Developments Limited

09143030

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

LINDEN HOUSE, TUNBRIDGE WELLS, TN4 8HH
Incorporated 23/07/2014

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 23/07/2025

Due 06/08/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr David Paul Mccormack

director · Since 23/07/2014

PROPERTY DEVELOPMENT

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Mrs Melissa Mccormack

director · Since 07/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Persons with Significant Control

Mr David Paul Mccormack

75–100% shares
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

British · England · Age 59

Linden House, Linden Close, Tunbridge Wells, TN4 8HH

Notified 06/04/2016

Charges2 outstanding

Charge
satisfied

A1T1 LTD

Created 15/12/2022Registered 04/01/2023Satisfied 28/04/2025
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 19/12/2022Registered 20/12/2022
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 19/12/2022Registered 20/12/2022

CompanyRankvs 35346+ SIC 68100 peers
49

Financial strength10th percentile among SIC peers · 3/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 5.46× · 20/20
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 strength3/25 pts

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

Employees9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£191k

Working capital

Current Assets

£234k

Current Liabilities

£43k

Fixed Assets

£958k

1avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.46+£30k
20232.44
20221.00
20211.00

Derived from filed accounts. Not audited figures.