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Hardrock Developments Limited

09860229

active
Private Limited Company
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

45 OAKFIELD ROAD, BRISTOL, BS8 2AX
Incorporated 06/11/2015

Compliance

Last accounts

30/11/2024

medium

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

41202
Construction of domestic buildings

Officers

Mr Edward William Bernard Gunnery

director · Since 17/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 4 other boards

Persons with Significant Control

Icg Longbow Development Debt Limited

75–100% votes

Procession House, 55 Ludgate Hill, London, EC4M 7JW

Reg: 09907841 · England And Wales · Private Limited Company

Notified 17/09/2020

Charges3 outstanding

Charge
outstanding

ICG LONGBOW DEVELOPMENT DEBT LIMITED

Created 12/01/2018Registered 18/01/2018
Charge
outstanding

ICG LONGBOW DEVELOPMENT DEBT LIMITED

Created 12/01/2018Registered 18/01/2018
Charge
outstanding

ICG LONGBOW DEVELOPMENT DEBT LIMITED

Created 18/12/2015Registered 22/12/2015

CompanyRankvs 62381+ SIC 41202 peers
8

Financial strength0th percentile among SIC peers · 0/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material Uncertainty related to Going Concern We draw attention to note 2 in the financial statements, which indicates that the company forecasts significant future losses and is dependent upon support from its principal lender to e

Key FinancialsYear ending 30/11/2024

Turnover

£12.4M

Annual revenue

Net Worth

-£84.4M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

-£82.4M

Working capital

Current Assets

£20.8M

Current Liabilities

£103.2M

Fixed Assets

£189

Debtors

£175k

Cost of Sales

£20.4M

Gross Profit

-£8.0M

Admin Expenses

£29k

Operating Profit

-£8.0M

Profit After Tax

-£8.0M

Director Loans

Company owes directors£1.9M

Balance Sheet

Assets less current liabilities-£82.4M
Signed by Mr E W Gunnery 14/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20-£8.0M
20230.29-£8.6M
20220.32-£10.6M
20210.34-£5.7M
20200.38-£53.5M
201913.83-£516k
201824.54

Derived from filed accounts. Not audited figures.