Cultrastone Developments Limited
11733217
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
28/02/2025
total exemption full
Next accounts due
30/11/2026
Confirmation statement
Last: 17/12/2025
Due 31/12/2026
Industry
Officers
director · Since 18/12/2018
PROPERTY DEVELOPER
BRITISH · NORTHERN IRELAND · Age 58
Also on 28 other boards
Persons with Significant Control
Cultra Properties Ltd
25b, Seafront Road, Holywood, Down, BT18 0BB
Reg: Ni610747 · Uk Register Of Companies · Private Limited Company
Notified 14/01/2025
Former PSCs
Stonegate Land & Property Limited
Ceased 14/01/2025
Charges4 outstanding
SHAWBROOK BANK LIMITED
SHAWBROOK BANK LIMITED
BANK OF LONDON AND THE MIDDLE EAST PLC
ARBUTHNOT LATHAM & CO., LIMITED
ARBUTHNOT LATHAM & CO., LIMITED
ARBUTHNOT LATHAM & CO., LIMITED
AP PROPERTY FINANCE DAC
AP PROPERTY FINANCE DAC
AP PROPERTY FINANCE DAC
CompanyRankvs 135363+ SIC 82990 peers24
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
-£772k
Balance sheet strength
Cash
£113k
Cash in the bank
Net Current Assets
-£19.6M
Working capital
Current Assets
£1.1M
Current Liabilities
£20.7M
Fixed Assets
£18.8M
Debtors
£998k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | +£66k |
| 2024 | 0.05 | -£443k |
| 2023 | 0.04 | -£409k |
| 2022 | 0.02 | — |
| 2021 | 1.00 | — |
| 2020 | 100.00 | — |
Derived from filed accounts. Not audited figures.