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Kore Developments Ltd

10757923

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

80 TURNER ROAD, EDGWARE, HA8 6BH
Incorporated 08/05/2017

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 04/04/2026

Due 18/04/2027

On track

Industry

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

Officers

Mr Kevin Mcfadden

director · Since 08/05/2017

ELECTRICIAN

IRISH · UNITED KINGDOM · Age 36

Mr James Edward Mcfadden

director · Since 06/04/2022

BUILDER

IRISH · UNITED KINGDOM · Age 66

Also on 3 other boards

Persons with Significant Control

Mr Kevin Mcfadden

25–50% shares
75–100% votes
Appoint directors

Irish · United Kingdom · Age 36

80, Turner Road, Edgware, HA8 6BH

Notified 08/05/2017

Mr James Edward Mcfadden

25–50% shares

Irish · United Kingdom · Age 66

80, Turner Road, Edgware, HA8 6BH

Notified 06/04/2022

Charges3 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 16/05/2025Registered 19/05/2025
Charge
outstanding

PARAGON BANK PLC

Created 20/09/2022Registered 27/09/2022
Charge
outstanding

PARAGON BANK PLC

Created 20/09/2022Registered 21/09/2022

CompanyRankvs 73807+ SIC 68100 peers
36

Financial strength69th percentile among SIC peers · 17/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 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.

Liquidity2/20 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.

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 31/05/2025

Net Worth

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£186k

Working capital

Current Assets

£17k

Current Liabilities

£203k

Fixed Assets

£581k

0avg. employees

Balance Sheet

Assets less current liabilities£395k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08+£4k
20240.36+£7k
20230.25

Derived from filed accounts. Not audited figures.