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Korwyn Developments Limited

12287838

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

102 BOWEN COURT, ST. ASAPH, LL17 0JE
Incorporated 29/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr James George Trygve Johansen

director · Since 29/10/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 3 other boards

Mr Richard Graham Wynne-Williams

director · Since 29/10/2019

DIRECTOR

BRITISH · WALES · Age 61

Also on 7 other boards

Persons with Significant Control

Wynne-Williams Properties Limited

25–50% shares
25–50% votes
Appoint directors

102 Bowen Court, St. Asaph Business Park, St. Asaph, LL17 0JE

Reg: 05366497 · England & Wales · Limited Company

Notified 29/10/2019

Mr James George Trygve Johansen

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 33

102 Bowen Court, St. Asaph Business Park, St. Asaph, LL17 0JE

Notified 17/12/2022

Former PSCs

Korten Construction Limited

Ceased 16/12/2022

CompanyRankvs 18937+ SIC 41100 peers
65

Financial strength84th percentile among SIC peers · 21/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.42× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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18937Korwyn Developments Limited
64
How is this score calculated?
Financial strength21/25 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.

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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£189k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£185k

Working capital

Current Assets

£262k

Current Liabilities

£77k

Fixed Assets

£5k

Debtors

£260k

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£190k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.42+£0
20253.42+£8k
20242.47-£38k
20233.52-£21k
20223.64-£27k
20212.10+£264k
20201.00—

Derived from filed accounts. Not audited figures.