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388 Development Ltd

11789924

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

C/O MERALI BEEDLE VICARAGE HOUSE, LONDON, W8 4DB
Incorporated 28/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
64991
Security dealing on own account

Officers

Mr Marc Grant Elman

director · Since 28/01/2019

SELF EMPLOYED

BRITISH · ENGLAND · Age 33

Also on 3 other boards

Persons with Significant Control

Mr Marc Grant Elman

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

British · England · Age 33

C/O Merali Beedle, Vicarage House, London, W8 4DB

Notified 28/01/2019

CompanyRankvs 36439+ SIC 41100 peers
51

Financial strength86th percentile among SIC peers · 22/25
Employees46th percentile among SIC peers · 7/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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36439388 Development Ltd
51
How is this score calculated?
Financial strength22/25 pts

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

Employees7/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£284k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

£284k

Working capital

Current Assets

—

Current Liabilities

£4.2M

Fixed Assets

£100k

Debtors

£200k

1avg. employees

Tax at Year End

Corp tax£7k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearImplied Profit
2025+£83k

Derived from filed accounts. Not audited figures.