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South Island Development Limited

11230301

active
ltd
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

The Lofts, Rivermead Islands, Bishop Hall Lane, Chelmsford, CM1 1RB
Incorporated 28/02/2018

Compliance

Last accounts

31/07/2025

audit exemption subsidiary

Next accounts due

28/04/2027

On track

Confirmation statement

Last: 27/02/2026

Due 13/03/2027

On track

Industry

41201
Construction of commercial buildings

Officers

Michael Joseph Mark Kirkham

director · Since 28/02/2018

British · England · Age 61

Former

David Jason Rickettt

director · Resigned 28/11/2019

Persons with Significant Control

Jordan Inc Limited

25–50% shares
25–50% votes

44/45, Orsett Road, Grays

Reg: 05139422 · Companies House · Limited Company

Notified 28/02/2018

Chelmsford Accident Repair Specialists Limited

25–50% shares
25–50% votes

Rivermead Industrial Estate, Bishop Hall Lane, Chelmsford

Reg: 02779500 · Companies House · Limited Company

Notified 28/02/2018

Charges3 outstanding

Charge
outstanding

DAVID JASON RICKETT

Created 08/01/2026Registered 28/01/2026
Charge
outstanding

E-MONEY CAPITAL LTD

Created 08/01/2026Registered 14/01/2026
Charge
satisfied

DAVID JASON RICKETT

Created 08/01/2026Registered 09/01/2026Satisfied 28/01/2026
Charge
outstanding

E-MONEY CAPITAL LTD

Created 20/03/2023Registered 21/03/2023
Charge
satisfied

E-MONEY CAPITAL LTD

Created 20/03/2023Registered 21/03/2023Satisfied 09/01/2026
Charge
satisfied

DAVID JASON RICKETT

Created 28/11/2019Registered 19/12/2019Satisfied 09/01/2026
Charge
satisfied

CITY & COUNTRY INVESTMENTS LTD

Created 29/03/2018Registered 18/10/2018Satisfied 09/01/2026
Charge
satisfied

FIDUCIAM NOMINEES LIMITED

Created 29/03/2018Registered 09/04/2018Satisfied 05/07/2021
Charge
satisfied

FIDUCIAM NOMINEES LIMITED

Created 29/03/2018Registered 05/04/2018Satisfied 05/07/2021

Change History

officer appointedKIRKHAM, Michael Joseph Mark
2026-06-04
statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1The Lofts
2026-06-04

3 WARNERS MILL

post townChelmsford
2026-06-04

BRAINTREE

postcodeCM1 1RB
2026-06-04

CM7 3GB

CompanyRankvs 14025+ SIC 41201 peers
41

Financial strength85th percentile among SIC peers · 21/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees5/15 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.

Longevity8/15 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 31/07/2022

Net Worth

£134k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£324k

Current Liabilities

£2.0M

Debtors

£310k

1avg. employees

Balance Sheet

Bank loans & overdrafts£11k
Assets less current liabilities£1.7M
Signed by 11230301 2021-08-01 2022-07-31 11230301 2022-07-31 11230301 core:CurrentFinancialInstruments 2022-07-31 11230301 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20220.16+£275k
20210.04-£39k
20200.02-£79k
20191.79

Derived from filed accounts. Not audited figures.