Swan Development (Midlands) Ltd
10861363
Notable Risks
- Accounts filing overdue (-15)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/07/2024
total exemption full
Next accounts due
30/04/2026
Confirmation statement
Last: 10/10/2025
Due 24/10/2026
Industry
Officers
Persons with Significant Control
Mr David John Cordy
British · United Kingdom · Age 49
83, Friar Gate, Derby, DE1 1FL
Notified 12/07/2017
Charges3 outstanding
MORPHEUS LENDING LTD
MORPHEUS LENDING LTD
CHARTER COURT FINANCIAL SERVICES LIMITED
Change History
Active
Private Limited Company
FLAT 7 HEATHER HOUSE ST. JOHNS CLOSE
COALVILLE
CompanyRankvs 189982+ SIC 68100 peers1
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/07/2024
Net Worth
-£122k
Balance sheet strength
Cash
£6k
Cash in the bank
Net Current Assets
-£122k
Working capital
Current Assets
£706k
Current Liabilities
£828k
Debtors
£701k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.85 | -£26k |
| 2023 | 0.75 | +£5k |
| 2022 | 0.76 | — |
Derived from filed accounts. Not audited figures.