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Walbert Developments Limited

11098677

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

12-13 LANSDOWNE TERRACE, NEWCASTLE UPON TYNE, NE3 1HN
Incorporated 06/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Richard Cruddas Bennicke Lanyon

director · Since 17/04/2025

CHARTERED SURVEYOR

BRITISH · ENGLAND · Age 68

Also on 22 other boards

Persons with Significant Control

Oakyard Developments (Midco) Limited

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

Rotterdam House, 116 Quayside, Newcastle Upon Tyne, NE1 3DY

Reg: 14190175 · Companies House · Private Company Limited By Shares

Notified 16/08/2022

Former PSCs

Gary Ronald Forrest

Ceased 25/02/2019

All Saints Living Limited

Ceased 16/08/2022

Charges3 outstanding

Charge
outstanding

MIDOS GC LIMITED

Created 11/06/2024Registered 13/06/2024
Charge
outstanding

BROADWICK CAPITAL LIMITED

Created 24/11/2022Registered 29/11/2022
Charge
outstanding

MIDOS GC LIMITED

Created 17/08/2022Registered 18/08/2022
Charge
satisfied

ALTERNATIVE BRIDGING (UK 2) LIMITED

Created 02/04/2020Registered 02/04/2020Satisfied 18/08/2022

CompanyRankvs 77810+ SIC 41100 peers
18

Financial strength1th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.33× · 2/20
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 strength0/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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 30/12/2024

Net Worth

-£1.6M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£996k

Working capital

Current Assets

£482k

Current Liabilities

£1.5M

Debtors

£10k

0avg. employees

Balance Sheet

Assets less current liabilities-£996k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33-£980k
20230.87-£780k
202237.47-£284k
202133.89+£894k
20200.56-£5k
20190.63

Derived from filed accounts. Not audited figures.