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Hay Common Developments Limited

10387898

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

TRETHORNE BUSINESS PARK, LAUNCESTON, PL15 8QE
Incorporated 21/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr. Michael Winston Davey

director · Since 21/09/2016

DEVELOPER

BRITISH · ENGLAND · Age 58

Also on 4 other boards

Mr. Martyn Scoble

director · Since 21/09/2016

BUILDER

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Persons with Significant Control

Brownbrink Ltd

50–75% shares
50–75% votes
Appoint directors

C/O M & M Plant (Devon & Cornwall) Limited, Trethorne Business Park, Launceston, PL15 8QE

Reg: 03793319 · Brownbrink Ltd · Ltd

Notified 21/09/2016

M. Scoble Construction Limited

25–50% shares
25–50% votes

Unit 1 Moorview, Coads Green, Launceston, PL15 7LY

Reg: 03327394 · M. Scoble Construction Limited · Ltd

Notified 21/09/2016

Charges2 outstanding

Charge
outstanding

THE CORNWALL COUNCIL

Created 15/07/2020Registered 17/07/2020
Charge
outstanding

MARK EVANS · JULIE EVANS

Created 21/08/2018Registered 23/08/2018

CompanyRankvs 21185+ SIC 41100 peers
53

Financial strength30th percentile among SIC peers · 8/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.75× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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21185Hay Common Developments Limited
62
How is this score calculated?
Financial strength8/25 pts

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

Employees10/15 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 30/09/2024

Net Worth

£2

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

£3.8M

Working capital

Current Assets

£4.8M

Current Liabilities

£1.0M

Debtors

£2.0M

2avg. employees

Balance Sheet

Assets less current liabilities£3.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.75—
20232.85—
20222.67—
20212.15—
20201.44+£649k
20191.35+£30k
201824.73—

Derived from filed accounts. Not audited figures.