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Area Investments Limited

10021462

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 12 outstanding charges (-10)

Details

313 DYKE ROAD, HOVE, BN3 6PE
Incorporated 23/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Craig Robertson Ritchie

director · Since 23/02/2016

CHARTERED SURVEYOR

BRITISH · ENGLAND · Age 64

Also on 9 other boards

Persons with Significant Control

Mr Craig Robertson Ritchie

Significant control

British · England · Age 64

313, Dyke Road, Hove, BN3 6PE

Notified 06/04/2016

Area Developments Limited

75–100% shares

313, Dyke Road, Hove, BN3 6PE

Reg: 8445190 · The Registrar Of Companies For England And Wales · Limited

Notified 06/04/2016

Charges12 outstanding

Charge
outstanding

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Created 03/05/2024Registered 13/05/2024
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BIRMINGHAM BANK LIMITED

Created 03/05/2024Registered 13/05/2024
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BIRMINGHAM BANK LIMITED

Created 03/05/2024Registered 13/05/2024
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outstanding

BIRMINGHAM BANK LIMITED

Created 03/05/2024Registered 13/05/2024
Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 25/08/2023Registered 14/09/2023
Charge
outstanding

WEST ONE SECURED LOANS LIMITED

Created 17/06/2022Registered 20/06/2022
Charge
outstanding

WEST ONE SECURED LOANS LIMITED

Created 17/06/2022Registered 20/06/2022
Charge
outstanding

WEST ONE SECURED LOANS LIMITED

Created 17/06/2022Registered 20/06/2022
Charge
satisfied

LENDINVEST BTL LIMITED

Created 20/08/2018Registered 29/08/2018Satisfied 20/06/2022
Charge
satisfied

LENDINVEST BTL LIMITED

Created 20/08/2018Registered 29/08/2018Satisfied 20/06/2022
Charge
outstanding

LANDBAY PARTNERS LIMITED AS SECURITY TRUSTEE

Created 31/07/2018Registered 15/08/2018
Charge
outstanding

YORKSHIRE BUILDING SOCIETY TRADING AS NORWICH & PETERBOROUGH BUILDING SOCIETY

Created 10/04/2017Registered 20/04/2017
Charge
outstanding

AXIS BANK UK LIMITED

Created 21/02/2017Registered 27/02/2017
Charge
outstanding

AXIS BANK UK LIMITED

Created 21/02/2017Registered 22/02/2017

CompanyRankvs 49552+ SIC 68100 peers
47

Financial strength92th percentile among SIC peers · 23/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity10 years trading (max 15) · 10/15
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.

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.

Longevity10/15 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 31/03/2025

Net Worth

£428k

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

-£552k

Working capital

Current Assets

£716k

Current Liabilities

£1.3M

Debtors

£654k

0avg. employees

Tax at Year End(2024)

Corp tax£1k

Balance Sheet

Bank loans & overdrafts£1.5M
Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.56+£36k
20240.47+£12k
20230.51-£68k
20220.06+£151k
20210.12+£280k
20200.15+£40k
20190.03

Derived from filed accounts. Not audited figures.