Back to search

M2 Developments (Cornwall) Limited

09149216

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

MJL HOUSE CORNWALL BUSINESS PARK, REDRUTH, TR16 5FG
Incorporated 28/07/2014

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 28/07/2025

Due 11/08/2026

On track

Industry

41202
Construction of domestic buildings

Officers

Mr Matthew James Gordon

director · Since 28/07/2014

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Matthew James Lugg

director · Since 28/07/2014

PLANT HIRE CONTRACTOR

BRITISH · ENGLAND · Age 47

Also on 7 other boards

Persons with Significant Control

Mjl Cornwall Limited

25–50% shares
25–50% votes

Unit 6, Hellys Court, Helston, TR13 0EW

Reg: 04158825 · England And Wales · Ltd

Notified 24/05/2019

Mjg Properties Limited

25–50% shares
25–50% votes

Lakeside Offices, The Old Cattle Market, Helston, TR13 0SR

Reg: 05845743 · Companies House · Limited Company

Notified 29/11/2019

Former PSCs

Mr Matthew James Gordon

Ceased 29/11/2019

Mr Matthew James Lugg

Ceased 24/05/2019

Charges3 outstanding

Charge
outstanding

MJL HOLDINGS SW LIMITED

Created 31/10/2025Registered 31/10/2025
Charge
outstanding

MJL HOLDINGS SW LIMITED

Created 08/08/2025Registered 08/08/2025
Charge
outstanding

MJL CORNWALL LIMITED

Created 06/10/2023Registered 09/10/2023
Charge
satisfied

LLOYDS BANK PLC

Created 17/07/2020Registered 04/08/2020Satisfied 04/11/2021
Charge
satisfied

LLOYDS BANK PLC

Created 29/10/2019Registered 31/10/2019Satisfied 09/03/2021
Charge
satisfied

LLOYDS BANK PLC

Created 01/03/2018Registered 08/03/2018Satisfied 15/08/2019
Charge
satisfied

LLOYDS BANK PLC

Created 19/12/2016Registered 23/12/2016Satisfied 22/08/2023
Charge
satisfied

LLOYDS BANK PLC

Created 19/10/2015Registered 20/10/2015Satisfied 22/08/2023
Charge
satisfied

LLOYDS BANK PLC

Created 30/01/2015Registered 03/02/2015Satisfied 22/08/2023
Charge
satisfied

LLOYDS BANK PLC

Created 22/01/2015Registered 30/01/2015Satisfied 15/08/2023

CompanyRankvs 2720+ SIC 41202 peers
71

Financial strength99th percentile among SIC peers · 25/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 11.68× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 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 30/09/2025

Net Worth

£1.8M

Balance sheet strength

Cash

£629k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.3M

Current Liabilities

£196k

Fixed Assets

£2k

Debtors

£677k

2avg. employees

Balance Sheet

Bank loans & overdrafts£7k
Assets less current liabilities£2.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202511.68+£0
202511.68+£218k
202419.29-£129k
202311.00+£480k
20224.14+£13k
20213.21+£304k
20202.57-£91k
20191.99-£27k
20181.77

Derived from filed accounts. Not audited figures.