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1st Developments Chelsea Limited

10886666

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

9 BONHILL STREET, LONDON, EC2A 4DJ
Incorporated 27/07/2017

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 19/11/2025

Due 03/12/2026

On track

Industry

41100
Development of building projects

Officers

Begbies Professional Appointments Limited

secretary · Since 09/08/2017

BRITISH

Also on 49 other boards

Mr Mark Venezia

director · Since 20/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 6 other boards

Persons with Significant Control

Mr Mark Venezia

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

British · England · Age 65

9, Bonhill Street, London, EC2A 4DJ

Notified 27/07/2018

Former PSCs

Mrs Heather Venezia

Ceased 27/07/2018

Mr Sean Ryan

Ceased 31/08/2022

CompanyRankvs 21270+ SIC 41100 peers
63

Financial strength80th percentile among SIC peers · 20/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees7/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

£105k

Balance sheet strength

Cash

£53k

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£103k

Current Liabilities

£79k

Fixed Assets

£80k

Debtors

£50k

1avg. employees-1
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.31+£8k
20231.16-£17k
20221.11-£15k
20211.12-£1k
20201.95-£5k
20194.05+£27k
20183.31

Derived from filed accounts. Not audited figures.