Sowenna Developments Limited
10971826
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
28/02/2025
micro entity
Next accounts due
30/11/2026
Confirmation statement
Last: 19/09/2025
Due 03/10/2026
Industry
Officers
Persons with Significant Control
Mr Richard Samuel Marsden
British · United Kingdom · Age 58
Peat House, Newham Road, Truro, TR1 2DP
Notified 20/09/2017
Mr. Jason Pledger
British · United Kingdom · Age 55
Peat House, Newham Road, Truro, TR1 2DP
Notified 20/09/2017
Charges1 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
Change History
Active
Private Limited Company
PEAT HOUSE
TRURO
CompanyRankvs 17232+ SIC 41100 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
£120k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£120k
Working capital
Current Assets
£121k
Current Liabilities
£950
Fixed Assets
£2
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 127.22 | -£1k |
| 2024 | 89.68 | -£3k |
| 2023 | 62.17 | -£1k |
| 2022 | 6.63 | +£80k |
| 2021 | 1.12 | — |
Derived from filed accounts. Not audited figures.