Westring Developments Limited
10871998
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/07/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 35
director · Since 18/07/2017
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 30
Also on 1 other board
director · Since 18/07/2017
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 34
Also on 1 other board
director · Since 21/07/2017
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 2 other boards
Persons with Significant Control
Mr Alexander George Chrisostomou
British · England · Age 35
59, Nottingham Road, Ravenshead, NG15 9HG
Notified 18/07/2017
Mr Kyriakos Chrisostomou
British · United Kingdom · Age 34
59, Nottingham Road, Ravenshead, NG15 9HG
Notified 18/07/2017
Mr Andreas Chrisostomou
British · England · Age 30
59, Nottingham Road, Ravenshead, NG15 9HG
Notified 18/07/2017
Charges5 outstanding
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CompanyRankvs 27175+ SIC 68100 peers53
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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
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.39 | -£7k |
| 2023 | 0.55 | +£9k |
| 2022 | 0.03 | +£64k |
| 2021 | 0.00 | +£60k |
| 2020 | 0.02 | +£40k |
| 2019 | 0.08 | — |
| 2018 | 0.98 | — |
Derived from filed accounts. Not audited figures.