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Friesian Developments Limited

11959617

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

AMELIA HOUSE, WORTHING, BN11 1QR
Incorporated 23/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mr Michael Wenman

director · Since 23/04/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Persons with Significant Control

Mr Michael Wenman

75–100% shares

British · United Kingdom · Age 71

Amelia House, Crescent Road, Worthing, BN11 1QR

Notified 23/04/2019

Friesian Developments Holdings Limited

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

Amelia House, Crescent Road, Worthing, BN11 1RL

Reg: 16862131 · Companies House · Limited Company

Notified 21/11/2025

Former PSCs

Michael Wenman Holdings Limited

Ceased 21/11/2025

CompanyRankvs 1453+ SIC 68201 peers
60

Financial strength100th percentile among SIC peers · 25/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 19.25× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1453Friesian Developments Limited
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How is this score calculated?
Financial strength25/25 pts

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

Employees3/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

Based on these assessments and having regard to the resources available to the entity, the director ha s concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Turnover Turnover is recognised at the fair value of the consideration receivable for rental income provided in the nor

Key FinancialsYear ending 28/02/2025

Net Worth

£14.6M

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

£4.5M

Working capital

Current Assets

£4.7M

Current Liabilities

£245k

Fixed Assets

£10.2M

Debtors

£1.7M

0avg. employees

Balance Sheet

Assets less current liabilities£14.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202519.25-£11.0M
202414.16+£48k
20230.40+£121k
20220.36+£82k
20210.39+£94k
20201.00—

Derived from filed accounts. Not audited figures.