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Sl Developments (Portsmouth) Ltd

09579138

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

C/O ENCY ASSOCIATES PRINTWARE COURT, PORTSMOUTH, PO5 1DS
Incorporated 07/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Antonio Luongo

director · Since 07/05/2015

ESTATE AGENT

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Persons with Significant Control

Mr Antonio Luongo

75–100% shares
75–100% votes

British · England · Age 52

C/O Ency Associates, Printware Court, Portsmouth, PO5 1DS

Notified 24/05/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 22/02/2018Registered 06/03/2018
Charge
outstanding

LLOYDS BANK PLC

Created 04/08/2017Registered 15/08/2017
Charge
outstanding

LLOYDS BANK PLC

Created 03/07/2017Registered 03/07/2017
Charge
satisfied

COVETREE DEVELOPMENTS LIMITED

Created 19/04/2017Registered 08/05/2017Satisfied 22/07/2021
Charge
satisfied

COVETREE DEVELOPMENTS LIMITED

Created 22/01/2016Registered 10/02/2016Satisfied 20/04/2017
Charge
satisfied

COVETREE DEVELOPMENTS LIMITED

Created 22/05/2015Registered 05/06/2015Satisfied 22/07/2021

CompanyRankvs 33374+ SIC 41100 peers
43

Financial strength91th percentile among SIC peers · 23/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity11 years trading (max 15) · 11/15
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.

Employees2/15 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.

Longevity11/15 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 31/05/2025

Net Worth

£673k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£310k

Working capital

Current Assets

£11k

Current Liabilities

£320k

Debtors

£4k

0avg. employees

Balance Sheet

Bank loans & overdrafts£541k
Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£34k
20240.04+£38k
20230.04+£91
20220.21+£34k
20210.46

Derived from filed accounts. Not audited figures.