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Megahart Developments Limited

09246890

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE OLD RECTORY OLD CHURCH ROAD, WOODBRIDGE, IP13 6DH
Incorporated 02/10/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/09/2025

Due 14/10/2026

On track

Industry

41100
Development of building projects
68100
Buying and selling of own real estate

Officers

Mr John William Balls

director · Since 02/10/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 12 other boards

Persons with Significant Control

Mr John William Balls

Appoint directors

British · England · Age 76

The Old Rectory, Old Church Road, Woodbridge, IP13 6DH

Notified 30/09/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 04/08/2015Registered 11/08/2015

CompanyRankvs 4864+ SIC 41100 peers
69

Financial strength98th percentile among SIC peers · 25/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 6.01× · 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 strength25/25 pts

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

Employees7/15 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 31/03/2024

Net Worth

£3.6M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3.7M

Working capital

Current Assets

£4.4M

Current Liabilities

£730k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£3.7M
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20246.01

Derived from filed accounts. Not audited figures.