Southwood Residential Developments Ltd
11087508
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/11/2017
DIRECTOR
BRITISH · ENGLAND · Age 71
Also on 16 other boards
director · Since 13/06/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 31
Also on 10 other boards
director · Since 13/06/2025
DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 15 other boards
Persons with Significant Control
Mr Michael John Mccarthy
British · England · Age 71
Spectrum House, 2b Suttons Lane, Hornchurch, RM12 6RJ
Notified 29/11/2017
Mr Luke Terrence Mervyn Blakemore
British · United Kingdom · Age 31
Spectrum House, 2b Suttons Lane, Hornchurch, RM12 6RJ
Notified 13/06/2025
Mr David John Watkins
British · England · Age 40
Spectrum House, 2b Suttons Lane, Hornchurch, RM12 6RJ
Notified 13/06/2025
Former PSCs
Mr Martin David Johnson
Ceased 28/09/2018
Charges2 outstanding
UNITED TRUST BANK LIMITED
UNITED TRUST BANK LIMITED
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NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 32590+ SIC 41100 peers35
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
of COVID-19 and other events and conditions, and it has determined that they do not create a material uncertainty that casts significant doubt upon the entity's ability to continue as a going concern. 3. EMPLOYEES AND DIRECTORS The average number of employees during the year was NIL (2023 - NIL). 4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.11.24 30.11.23 £ £ Other debtors 105,7
Key FinancialsYear ending 30/11/2024
Net Worth
£100
Balance sheet strength
Cash
£575
Cash in the bank
Net Current Assets
£100k
Working capital
Current Assets
£106k
Current Liabilities
£6k
Debtors
£106k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 16.43 | — |
| 2023 | 16.43 | — |
| 2022 | 15.62 | — |
| 2021 | 1.27 | +£167k |
| 2020 | 2.13 | -£40k |
| 2019 | 1.64 | — |
Derived from filed accounts. Not audited figures.