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Area Code Developments Ltd

09266365

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

323 WILMSLOW ROAD, MANCHESTER, M14 6NW
Incorporated 15/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Jonathan Macdonald

director · Since 15/10/2014

LETTING AGENT

BRITISH · ENGLAND · Age 38

Also on 6 other boards

Mr Daniel William Strain

director · Since 15/10/2014

LETTING AGENT

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Former PSCs

Mr Jonathan Macdonald

Ceased 16/10/2019

Mr Daniel William Strain

Ceased 16/10/2019

Mr Kevin George Laban

Ceased 16/10/2019

Ln7 Ltd

Ceased 23/02/2021

Fj Mac Limited

Ceased 23/02/2021

Mr Jonathan Macdonald

Ceased 24/02/2021

Mr Daniel William Strain

Ceased 24/02/2021

Ln7 Ltd

Ceased 23/02/2021

Fj Mac Limited

Ceased 23/02/2021

Charges1 outstanding

Charge
outstanding

FLEET MORTGAGES LIMITED

Created 26/08/2022Registered 26/08/2022
Charge
satisfied

THE MORTGAGE LENDER LIMITED

Created 29/01/2021Registered 08/02/2021Satisfied 03/12/2021

CompanyRankvs 23188+ SIC 68100 peers
59

Financial strength91th percentile among SIC peers · 23/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.54× · 16/20
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 strength23/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

£285k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£104k

Working capital

Current Assets

£298k

Current Liabilities

£194k

Fixed Assets

£270k

0avg. employees

Balance Sheet

Assets less current liabilities£375k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20251.54+£41k
20241.16-£17k
20231.14-£22k
20221.47+£259k
20212.30+£26k
20200.29

Derived from filed accounts. Not audited figures.