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May Developments (Herts) Ltd

10925116

active
Private Limited Company
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

105 COURTYARD STUDIOS, BRAINTREE, CM7 3AN
Incorporated 21/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Ms Karen Louise Needs

secretary · Since 21/08/2017

Mr Stewart May

director · Since 21/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Mr Stewart May

50–75% shares
50–75% votes

British · England · Age 61

105, Courtyard Studios, Braintree, CM7 3AN

Notified 21/08/2017

Charges5 outstanding

Charge
outstanding

DIANE HEATHER LAWRENCE

Created 11/11/2025Registered 19/11/2025
Charge
outstanding

GREENHEART DEVELOPMENTS LIMITED

Created 28/10/2024Registered 28/10/2024
Charge
outstanding

GREENHEART DEVELOPMENTS LIMITED

Created 28/10/2024Registered 28/10/2024
Charge
outstanding

GREENHEART DEVELOPMENTS LIMITED

Created 16/09/2022Registered 21/09/2022
Charge
outstanding

GREENHEART DEVELOPMENTS LIMITED

Created 12/10/2017Registered 02/11/2017

CompanyRankvs 18740+ SIC 41100 peers
55

Financial strength88th percentile among SIC peers · 22/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.43× · 12/20
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.

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.

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 31/08/2024

Net Worth

£332k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£339k

Working capital

Current Assets

£1.1M

Current Liabilities

£789k

Debtors

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£339k
Signed by Stewart May 09/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.43+£175k
20231.12-£2k
20221.49-£3k
202118.69-£4k
2020148.93
20193.04
20181.00

Derived from filed accounts. Not audited figures.