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Westring Developments Limited

10871998

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)
  • 5 outstanding charges (-10)

Details

59 NOTTINGHAM ROAD, RAVENSHEAD, NG15 9HG
Incorporated 18/07/2017

Compliance

Last accounts

24/07/2024

micro entity

Next accounts due

22/10/2026

On track

Confirmation statement

Last: 02/04/2025

Due 16/04/2026

Overdue

Industry

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

Officers

Mr Andreas Chrisostomou

director · Since 18/07/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 1 other board

Mr George Chrisostomou

director · Since 21/07/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 2 other boards

Former

Mr Alexander George Chrisostomou

director · Resigned 26/08/2026

Mr Kyriakos Chrisostomou

director · Resigned 26/08/2026

Persons with Significant Control

Mr Alexander George Chrisostomou

25–50% shares

British · England · Age 36

59, Nottingham Road, Ravenshead, NG15 9HG

Notified 18/07/2017

Mr Kyriakos Chrisostomou

25–50% shares

British · United Kingdom · Age 34

59, Nottingham Road, Ravenshead, NG15 9HG

Notified 18/07/2017

Mr Andreas Chrisostomou

25–50% shares

British · England · Age 30

59, Nottingham Road, Ravenshead, NG15 9HG

Notified 18/07/2017

Charges5 outstanding

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CompanyRankvs 25792+ SIC 68100 peers
53

Financial strength89th percentile among SIC peers · 22/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.39× · 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 strength22/25 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.

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 24/07/2024

Net Worth

£194k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£271k

Working capital

Current Assets

£173k

Current Liabilities

£444k

Fixed Assets

£996k

4avg. employees+1

Balance Sheet

Assets less current liabilities£725k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.39-£7k
20230.55

Derived from filed accounts. Not audited figures.