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Tts Developments Ltd

09599466

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 8 (GF) MAGELLAN TERRACE, GATWICK, RH10 9PJ
Incorporated 19/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings
68100
Buying and selling of own real estate
68320
Management of real estate on a fee or contract basis

Officers

Stephen Frederick Merkel

director · Since 19/05/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Mrs Karen Lois Merkel

director · Since 04/03/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Persons with Significant Control

Mr Stephen Frederick Merkel

50–75% shares

British · England · Age 71

Unit 8 (Gf) Magellan Terrace, Gatwick Road,, Gatwick, RH10 9PJ

Notified 06/02/2017

Mrs Karen Lois Merkel

25–50% shares
25–50% votes
Appoint directors

British · England · Age 68

Unit 8 (Gf) Magellan Terrace, Gatwick Road,, Gatwick, RH10 9PJ

Notified 12/09/2022

Charges0 outstanding

Charge
satisfied

COMMERCIAL ACCEPTANCES LIMITED

Created 09/05/2016Registered 10/05/2016Satisfied 15/10/2022
Charge
satisfied

COMMERCIAL ACCEPTANCES LIMITED

Created 09/05/2016Registered 10/05/2016Satisfied 15/10/2022

CompanyRankvs 29832+ SIC 41202 peers
55

Financial strength82th percentile among SIC peers · 21/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 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.

Liquidity6/20 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.

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

£54k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£63k

Working capital

Current Assets

£473k

Current Liabilities

£536k

Fixed Assets

£9k

0avg. employees

Balance Sheet

Assets less current liabilities£54k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.88-£6k
20240.86-£10k
20230.84—

Derived from filed accounts. Not audited figures.