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Me Developments (Upton Grey) Limited

11945058

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

TILFORD HOUSE FARNHAM BUSINESS PARK, FARNHAM, GU9 8QT
Incorporated 13/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Morgan Mead

secretary · Since 13/04/2019

Mr Morgan Mead

director · Since 01/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 22 other boards

Persons with Significant Control

Marshall Eaton Developments Limited

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

C4, Endeavour Place, Farnham, GU10 5EH

Reg: 09204726 · England, Wales & Scotland · Private Limited Company

Notified 13/04/2019

Charges3 outstanding

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outstanding

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CompanyRankvs 58053+ SIC 41100 peers
31

Financial strength4th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.82× · 16/20
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 strength1/25 pts

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

Employees2/15 pts

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

Liquidity16/20 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 31/03/2021

Turnover

£5.0M

Annual revenue

Net Worth

-£231k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£8.4M

Working capital

Current Assets

£18.6M

Current Liabilities

£10.2M

Debtors

£6.3M

Cost of Sales

£5.2M

Gross Profit

-£218k

Admin Expenses

£4k

Operating Profit

-£222k

Profit After Tax

-£222k

0avg. employees

Balance Sheet

Bank loans & overdrafts£1.2M
Assets less current liabilities£8.4M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent Ratio
20211.82

Derived from filed accounts. Not audited figures.