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Sowenna Developments Limited

10971826

active
ltd
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

Peat House, Newham Road, Truro, TR1 2DP
Incorporated 20/09/2017

Compliance

Last accounts

28/02/2026

micro entity

Next accounts due

30/11/2027

On track

Confirmation statement

Last: 19/09/2026

Due 03/10/2027

On track

Industry

41100
Development of building projects

Officers

Richard Samuel Marsden

director · Since 20/09/2017

British · United Kingdom · Age 58

Jason Pledger

director · Since 20/09/2017

British · United Kingdom · Age 56

Persons with Significant Control

Mr Richard Samuel Marsden

25–50% shares
25–50% votes

British · United Kingdom · Age 58

Peat House, Newham Road, Truro, TR1 2DP

Notified 20/09/2017

Mr. Jason Pledger

25–50% shares
25–50% votes

British · United Kingdom · Age 56

Peat House, Newham Road, Truro, TR1 2DP

Notified 20/09/2017

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 24/10/2022Registered 26/10/2022

Change History

status → active
2026-06-05

Active

type → ltd
2026-06-05

Private Limited Company

address line1 → Peat House
2026-06-05

PEAT HOUSE

post town → Truro
2026-06-05

TRURO

CompanyRankvs 8439+ SIC 41100 peers
64

Financial strength81th percentile among SIC peers · 20/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 119.29× · 20/20
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 strength20/25 pts

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

Employees10/15 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 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 28/02/2026

Net Worth

£118k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£118k

Working capital

Current Assets

£119k

Current Liabilities

£1k

Fixed Assets

£2

2avg. employees+2

Balance Sheet

Assets less current liabilities£118k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2026119.29-£2k
2025127.22-£1k
202489.68-£3k
202362.17—

Derived from filed accounts. Not audited figures.