Transform Development Solutions Ltd
11856793
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mrs Sheila Patricia Bruce
British · England · Age 69
Room 0-3-5, Eldon House, The Grainger Suite, Regent Centre, Newcastle Upon Tyne, NE3 3PF
Notified 04/03/2019
Mr Andrew Frederick Ritson
British · England · Age 46
Room 0-3-5, Eldon House, The Grainger Suite, Regent Centre, Newcastle Upon Tyne, NE3 3PF
Notified 12/01/2020
Former PSCs
Andrew Ritson
Ceased 12/01/2020
CompanyRankvs 75980+ SIC 41100 peers28
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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.
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
-£40k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£25k
Working capital
Current Assets
£6k
Current Liabilities
£31k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.18 | -£1k |
| 2024 | 0.49 | -£894 |
| 2023 | 0.52 | -£2k |
| 2022 | 0.97 | -£3k |
| 2021 | 0.53 | -£4k |
Derived from filed accounts. Not audited figures.