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Alternative Use Boston Projects Limited

11013830

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

10-12 MULBERRY GREEN, OLD HARLOW, CM17 0ET
Incorporated 16/10/2017

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 29/12/2025

Due 12/01/2027

On track

Industry

35110
Production of electricity

Officers

Mr Simon Nicholas Williams

director · Since 18/08/2022

DIRECTOR OF PROJECTS

BRITISH · ENGLAND · Age 58

Also on 4 other boards

Mrs Gillian Frances Samouelle

director · Since 26/10/2023

ACCOUNTANT

BRITISH · ENGLAND · Age 64

Also on 4 other boards

Persons with Significant Control

Alternative Use Boston Projects Holdings Limited

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

118 Noak Hill Road, Noak Hill Road, Billericay, CM12 9UH

Reg: 15253969 · Register Of Companies · Limited Liability Company

Notified 30/11/2023

Former PSCs

Mr Jason Douglas Callen

Ceased 15/10/2018

Mrs Samantha Jane Wylie

Ceased 15/10/2018

Mrs Jeanette Callen

Ceased 30/11/2023

Charges1 outstanding

Charge
outstanding

M&G TRUSTEE COMPANY LIMITED (AS SECURITY TRUSTEE)

Created 02/01/2024Registered 03/01/2024

CompanyRankvs 1259+ SIC 35110 peers
50

Financial strength7th percentile among SIC peers · 2/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.56× · 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 strength2/25 pts

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

Employees14/15 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 31/10/2024

Net Worth

-£234k

Balance sheet strength

Cash

£53k

Cash in the bank

Net Current Assets

£5.2M

Working capital

Current Assets

£6.4M

Current Liabilities

£1.1M

Fixed Assets

£738

Debtors

£13k

4avg. employees

Balance Sheet

Assets less current liabilities£5.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20245.56-£30k
20234.22-£31k
2022148.69-£29k
202117.35+£1k
20200.92-£18k
20190.99-£85k
20181.01

Derived from filed accounts. Not audited figures.