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Matrix Development - Spv1 Ltd

11665434

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

33 ROEBUCK ROAD, HAINAULT BUSINESS PARK,, ILFORD,, IG6 3TZ
Incorporated 07/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr David Sterry

director · Since 07/11/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 5 other boards

Persons with Significant Control

Mr David Sterry

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

British · United Kingdom · Age 55

33 Roebuck Road,, Hainault Business Park,, Ilford,, IG6 3TZ

Notified 07/11/2018

Former PSCs

Mr Richard Graham-Enock

Ceased 03/12/2018

Charges2 outstanding

Charge
outstanding

LENDINVEST BTL LIMITED

Created 07/10/2022Registered 11/10/2022
Charge
outstanding

LENDINVEST BTL LIMITED

Created 08/07/2019Registered 08/07/2019

CompanyRankvs 125924+ SIC 68100 peers
25

Financial strength2th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.02× · 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 strength1/25 pts

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

Employees9/15 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 31/05/2025

Net Worth

-£271k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£479k

Working capital

Current Assets

£8k

Current Liabilities

£487k

Fixed Assets

£831k

Debtors

£5k

1avg. employees

Balance Sheet

Bank loans & overdrafts£34k
Assets less current liabilities£352k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£0
20250.02-£58k
20240.02-£115k
20230.00-£115k
20220.00-£90k
20210.04-£11k
20200.02+£150k
20190.05

Derived from filed accounts. Not audited figures.