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Ave Developments Ltd

12202511

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

CAE PANT, ABERYSTWYTH, SY23 4PY
Incorporated 12/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Dafydd Joseph Evans

director · Since 12/09/2019

DIRECTOR

WELSH · WALES · Age 45

Mrs Gwyneth Anne Evans

director · Since 12/09/2019

DIRECTOR

WELSH · WALES · Age 37

Also on 2 other boards

Persons with Significant Control

Moldani Group Limited

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

Cae Pant, Rhydyfelin, Aberystwyth, SY23 4PY

Reg: 13290569 · Register Of Companies · Limited Company

Notified 31/03/2021

Former PSCs

Mr Dafydd Joseph Evans

Ceased 31/03/2021

Charges1 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 15/04/2021Registered 19/04/2021Satisfied 23/08/2023
Charge
satisfied

LLOYDS BANK PLC

Created 12/08/2020Registered 13/08/2020Satisfied 25/05/2021
Charge
satisfied

LLOYDS BANK PLC

Created 12/06/2020Registered 17/06/2020Satisfied 29/06/2022
Charge
satisfied

LLOYDS BANK PLC

Created 29/11/2019Registered 05/12/2019Satisfied 08/09/2020
Charge
outstanding

LLOYDS BANK PLC

Created 16/11/2019Registered 27/11/2019

CompanyRankvs 7579+ SIC 41100 peers
66

Financial strength96th percentile among SIC peers · 24/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.92× · 20/20
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 strength24/25 pts

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

Employees10/15 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

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

£1.8M

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.8M

Current Liabilities

£961k

Fixed Assets

£8k

Debtors

£2.8M

2avg. employees

Tax at Year End(2023)

VAT£10k

Balance Sheet

Assets less current liabilities£1.9M

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.92-£137k
20243.16-£147k
20231.67+£1.9M£209k
20220.94+£26k
20211.63+£95k
20202.18

Derived from filed accounts. Not audited figures.