Back to search

Developmore Ltd

10184585

active
Private Limited Company
england wales
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

33 MARKET PLACE, HITCHIN, SG5 1DY
Incorporated 17/05/2016

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 12/06/2026

Due 26/06/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Satvinder Singh Bains

director · Since 17/05/2016

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 55

Also on 5 other boards

Persons with Significant Control

Mr Satvinder Singh Bains

75–100% shares

British · England · Age 55

33, Market Place, Hitchin, SG5 1DY

Notified 17/05/2016

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 11/07/2025Registered 14/07/2025
Charge
outstanding

LLOYDS BANK PLC

Created 28/03/2025Registered 31/03/2025
Charge
satisfied

LLOYDS BANK PLC

Created 28/02/2023Registered 28/02/2023Satisfied 20/12/2024
Charge
satisfied

LLOYDS BANK PLC

Created 18/06/2021Registered 21/06/2021Satisfied 22/08/2022
Charge
satisfied

LLOYDS BANK PLC

Created 01/09/2020Registered 16/09/2020Satisfied 05/09/2022
Charge
outstanding

LLOYDS BANK PLC

Created 27/08/2020Registered 28/08/2020

CompanyRankvs 6900+ SIC 68100 peers
67

Financial strength91th percentile among SIC peers · 23/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 4.32× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Abbott Bros.(Kent),Limited
90
8Stonewood Securities Limited
90
9Braintree Bungalows Limited
90
10Bennett'S Stores Limited
90
6900Developmore Ltd
77
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.

Employees9/15 pts

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

Liquidity20/20 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 31/10/2025

Net Worth

£303k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.5M

Current Liabilities

£348k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20254.32-£10k
20241.59-£52k
20233.16—

Derived from filed accounts. Not audited figures.