42 Developments Limited
12225224
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/09/2019
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 39 other boards
Persons with Significant Control
Mr Andrew Martin Budgen
British · England · Age 53
3rd Floor, The Coade, London, SE11 5EL
Notified 24/09/2019
Former PSCs
Ms Lorna Smith
Ceased 23/04/2024
Charges3 outstanding
OCTANE PROPERTY FINANCE LIMITED
FERN TRADING GROUP LIMITED
FERN TRADING GROUP LIMITED
CompanyRankvs 66622+ SIC 41100 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/09/2024
Net Worth
-£20k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£20k
Working capital
Current Assets
£832k
Current Liabilities
£853k
Debtors
£194
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.98 | -£18k |
| 2023 | 1.00 | -£13k |
| 2022 | 1.01 | +£48k |
| 2021 | 0.97 | -£28k |
| 2020 | 0.03 | — |
Derived from filed accounts. Not audited figures.