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The How Development 1 Ltd

10900720

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
38 / 100

High Risk

0/30
Filing
0/30
Financial
38/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

The How, Houghton Road, St Ives, PE27 6RP
Incorporated 04/08/2017

Compliance

Last accounts

31/08/2023

dormant

Next accounts due

31/05/2025

Overdue

Confirmation statement

Last: 20/08/2024

Due 03/09/2025

Overdue

Industry

41100
Development of building projects

Officers

Mt Michael Peter Sandford

director · Since 16/10/2017

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 7 other boards

Michael Peter Sandford

director · Since 16/10/2017

British · England · Age 58

Former

Clive Lyndon Cross

director · Resigned 21/09/2018

Persons with Significant Control

Mr Michael Peter Sandford

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

British · England · Age 58

The How, Houghton Road, St Ives, PE27 6RP

Notified 12/12/2017

Charges1 outstanding

Charge
outstanding

IRE SECURITY LIMITED

Created 25/11/2021Registered 26/11/2021
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 29/05/2019Registered 30/05/2019Satisfied 14/12/2021
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 29/05/2019Registered 29/05/2019Satisfied 14/12/2021
Charge
satisfied

FENOLS LIMITED

Created 02/03/2018Registered 07/03/2018Satisfied 14/12/2021
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 02/03/2018Registered 02/03/2018Satisfied 14/12/2021
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 02/03/2018Registered 02/03/2018Satisfied 14/12/2021

Change History

statusactive
2026-07-17

Active - Proposal to Strike off

typeltd
2026-07-17

Private Limited Company

address line1The How
2026-07-17

THE HOW

post townSt Ives
2026-07-17

ST IVES

CompanyRankvs 61580+ SIC 41100 peers
25

Financial strength16th percentile among SIC peers · 4/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 7.53× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAccounts and CS overdue · 0/15
Outstanding charges -10
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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.

Employees2/15 pts

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

Liquidity20/20 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 compliance0/15 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 31/08/2023

Net Worth

-£6k

Balance sheet strength

Cash

£67

Cash in the bank

Net Current Assets

£43k

Working capital

Current Assets

£50k

Current Liabilities

£7k

Debtors

£50k

0avg. employees

Balance Sheet

Assets less current liabilities£44k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20237.53

Derived from filed accounts. Not audited figures.