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Ballast Nedam Construction Limited

10819159

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

SOMERSET HOUSE, REDHILL, RH1 1LU
Incorporated 14/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Hayrettin Koã‡Ak

director · Since 27/08/2019

DIRECTOR

TURKISH · NETHERLANDS · Age 45

Mr Eric Van Zuthem

director · Since 15/06/2022

MANAGING DIRECTOR

DUTCH · NETHERLANDS · Age 58

Persons with Significant Control

Ballast Nedam Uk Ltd

75–100% shares

Somerset House, 47-49 London Road, Redhill, RH1 1LU

Reg: 14535899 · United Kingdom · Limited

Notified 01/01/2024

Former PSCs

Erman Ilicak

Ceased 20/12/2018

Ballast Nedam Parking International B.V.

Ceased 01/01/2024

CompanyRankvs 17894+ SIC 41201 peers
33

Financial strength17th percentile among SIC peers · 4/25
Employees97th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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17894Ballast Nedam Construction Limited
43
How is this score calculated?
Financial strength4/25 pts

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

Employees15/15 pts

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

Liquidity0/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2022

Net Worth

£1

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Cost of Sales

£15.3M

Admin Expenses

-£333k

Profit After Tax

-£1.9M

14avg. employees+3

People Costs

Wages & salaries£327k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20210.63

Derived from filed accounts. Not audited figures.