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Conduit Mead Property Developments Limited

10604608

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

ONE ARIEL WAY, LONDON, W12 7SL
Incorporated 07/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Nicholas James Foster

director · Since 07/02/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 12 other boards

Mr Thomas Warburton Foster

director · Since 03/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Former PSCs

Conduit Mead Holdings Limited

Ceased 04/05/2018

CompanyRankvs 4926+ SIC 41100 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 15.53× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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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.

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.

Longevity9/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£184k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.3M

Current Liabilities

£85k

Fixed Assets

£1.4M

Debtors

£491k

Profit After Tax

£176k

2avg. employees

Balance Sheet

Assets less current liabilities£2.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202415.53+£176k
202340.15+£52k
202245.50+£51k
202189.67+£69k
202040.54+£68k
201980.61+£1k
201877.15

Derived from filed accounts. Not audited figures.