Back to search

Piro Developments Limited

12185475

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 1C CENTURION WAY, WARMINSTER, BA12 8BT
Incorporated 02/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings
68100
Buying and selling of own real estate

Officers

Mr Geoffrey Alan Mitchell

director · Since 02/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 4 other boards

Persons with Significant Control

Mr Geoffrey Alan Mitchell

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

British · England · Age 58

Box House, Bath Road, Corsham, SN13 8AA

Notified 02/09/2019

CompanyRankvs 39823+ SIC 41202 peers
44

Financial strength32th percentile among SIC peers · 8/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength8/25 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.

Liquidity12/20 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 30/09/2024

Net Worth

£100

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£33k

Working capital

Current Assets

£1.0M

Current Liabilities

£978k

Fixed Assets

£6k

Debtors

£3k

0avg. employees

Tax at Year End

Corp tax£1

Balance Sheet

Assets less current liabilities£39k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.03
20231.09
20221.00
20211.00

Derived from filed accounts. Not audited figures.