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Ff Space Development Ltd

12351737

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

TOWN HALL, MOUNTAIN ASH, CF45 4AB
Incorporated 06/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Steven David Bines

director · Since 06/12/2019

COMPANY DIRECTOR

WELSH · WALES · Age 61

Also on 12 other boards

Mr David John Calway Edwards

director · Since 06/12/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 8 other boards

Persons with Significant Control

Mr Steven David Bines

25–50% shares
25–50% votes

Welsh · Wales · Age 61

Town Hall, Ffrwd Crescent, Mountain Ash, CF45 4AB

Notified 06/12/2019

Mr David John Calway Edwards

25–50% shares
25–50% votes

British · United Kingdom · Age 60

Town Hall, Ffrwd Crescent, Mountain Ash, CF45 4AB

Notified 06/12/2019

CompanyRankvs 595140+ SIC 41100 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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 30/11/2024

Net Worth

-£906k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£801k

Working capital

Current Assets

£2.8M

Current Liabilities

£3.6M

Fixed Assets

£6k

Debtors

£2.1M

3avg. employees

Tax at Year End(2022)

Corp tax£5k

Director Loans(2022)

Company owes directors£274k
Directors owe company£58k

Balance Sheet

Assets less current liabilities-£795k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.78-£872k
20230.99-£14k
20221.01-£27k
20211.07+£4k
20205.70

Derived from filed accounts. Not audited figures.