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Finess Developments Co Ltd

12373173

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

23 CASTLECROFT GARDENS, WOLVERHAMPTON, WV3 8LN
Incorporated 20/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mark Albert Thomas

director · Since 20/12/2019

BUILDER

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Mr James John Needham

director · Since 24/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 6 other boards

Persons with Significant Control

Mr Mark Albert Thomas

25–50% shares
75–100% votes

British · England · Age 47

23, Castlecroft Gardens, Wolverhampton, WV3 8LN

Notified 20/12/2019

Mr James John Needham

25–50% shares

British · England · Age 64

23, Castlecroft Gardens, Wolverhampton, WV3 8LN

Notified 21/08/2022

Charges1 outstanding

Charge
outstanding

JAMES JOHN NEEDHAM

Created 05/05/2023Registered 16/05/2023

CompanyRankvs 280450+ SIC 68209 peers
16

Financial strength1th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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280450Finess Developments Co Ltd
26
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.

Employees3/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 31/12/2024

Net Worth

-£268k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£525k

Working capital

Current Assets

£1k

Current Liabilities

£526k

Fixed Assets

£257k

0avg. employees

Balance Sheet

Assets less current liabilities-£268k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£163k
20230.11—

Derived from filed accounts. Not audited figures.