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Meara Property Developments Ltd

11864889

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

38 ACRESFIELD ROAD, MANCHESTER, M24 2NR
Incorporated 06/03/2019

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

Officers

Mr Brendan Paul Meara

director · Since 06/03/2019

MANAGER

BRITISH · ENGLAND · Age 54

Mrs Julie Meara

director · Since 06/03/2019

MANAGER

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Brendan Paul Meara

25–50% shares
25–50% votes
Appoint directors

British · England · Age 54

38, Acresfield Road, Manchester, M24 2NR

Notified 06/03/2019

Mrs Julie Meara

25–50% shares
25–50% votes
Appoint directors

British · England · Age 54

38, Acresfield Road, Manchester, M24 2NR

Notified 06/03/2019

Charges4 outstanding

Charge
outstanding

PARATUS AMC LIMITED

Created 24/09/2024Registered 24/09/2024
Charge
outstanding

THE MANSFIELD BUILDING SOCIETY

Created 10/11/2023Registered 13/11/2023
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 03/07/2020Registered 06/07/2020
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 27/09/2019Registered 09/05/2020

CompanyRankvs 50376+ SIC 68100 peers
43

Financial strength67th percentile among SIC peers · 17/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees12/15 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.

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.

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 31/03/2025

Net Worth

£12k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£82k

Working capital

Current Assets

£6k

Current Liabilities

£88k

Fixed Assets

£378k

Debtors

£70

2avg. employees

Balance Sheet

Assets less current liabilities£296k
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07+£3k
20240.06+£2k
20230.26-£66
20220.05+£4k
20210.02
20200.04

Derived from filed accounts. Not audited figures.