Back to search

Develop Excellence Limited

10926039

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

THE STABLES LOCKERBIE, TANWORTH IN ARDEN, B94 5BQ
Incorporated 21/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars
82990
Other business support service activities

Officers

Mr Terence Robert Runcorn

director · Since 19/03/2024

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 5 other boards

CompanyRankvs 15059+ SIC 56302 peers
34

Financial strength6th percentile among SIC peers · 2/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Seashore Enterprises (Porthcawl) Limited
90
2Fence Gate Limited
90
3Court Pie Catering Limited
90
4K. Shaw And Sons Limited
90
5Dorbiere Limited
90
6The Head Of Steam Limited
90
7Market Taverns Limited
90
8Guidezone Limited
90
9Great Western Inns & Taverns Limited
90
10Heritage Taverns Limited
90
15059Develop Excellence Limited
39
How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/08/2024

Net Worth

-£141k

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

-£97k

Working capital

Current Assets

£415k

Current Liabilities

£513k

Fixed Assets

£62k

Debtors

£300k

12avg. employees+11

Balance Sheet

Intangible assets£15k
Assets less current liabilities-£36k
Signed by Mr Terence Runcorn 30 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.81-£127k
20232.65-£19k
20220.35-£30k
20211.18-£35k
20203.33+£51k
20191.95+£0
20181.95—

Derived from filed accounts. Not audited figures.