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Northern Developments Limited

10503962

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 11 outstanding charges (-10)

Details

573 CHESTER ROAD, SUTTON COLDFIELD, B73 5HU
Incorporated 30/11/2016

Compliance

Last accounts

26/11/2024

total exemption full

Next accounts due

26/08/2026

On track

Confirmation statement

Last: 20/09/2025

Due 04/10/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Cemal Hamit

director · Since 30/11/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 9 other boards

Persons with Significant Control

Mr Cemal Hamit

75–100% shares

British · England · Age 42

573 Chester Road, Sutton Coldfield, B73 5HU

Notified 30/11/2016

Charges11 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

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ONESAVINGS BANK PLC

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PARAGON BANK PLC

Created 28/02/2019Registered 28/02/2019
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THE MORTGAGE LENDER LIMITED

Created 26/10/2018Registered 30/10/2018
Charge
outstanding

ONESAVINGS BANK PLC

Created 24/09/2018Registered 24/09/2018
Charge
outstanding

PARAGON BANK PLC · PARAGON MORTGAGES (2010) LIMITED

Created 06/07/2018Registered 09/07/2018
Charge
outstanding

ONE SAVINGS BANK PLC

Created 13/10/2017Registered 30/10/2017
Charge
outstanding

ONESAVINGS BANK PLC

Created 17/10/2017Registered 18/10/2017
Charge
outstanding

ONESAVINGS BANK PLC

Created 05/10/2017Registered 09/10/2017
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 06/10/2017Registered 09/10/2017
Charge
outstanding

ONESAVINGS BANK PLC

Created 04/10/2017Registered 04/10/2017

CompanyRankvs 33552+ SIC 68100 peers
54

Financial strength97th percentile among SIC peers · 24/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.87× · 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 strength24/25 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.

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 26/11/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£314k

Current Liabilities

£361k

Fixed Assets

£3.0M

Debtors

£313k

Profit After Tax

-£76k

1avg. employees

Tax at Year End

Corp tax£35k
Dividends paid£90k

Balance Sheet

Assets less current liabilities£3.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.87-£139k
20231.05

Derived from filed accounts. Not audited figures.