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1978 Developments Ltd

12442711

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 7A WATERSIDE BUSINESS PARK, CHESHAM, HP5 1PE
Incorporated 04/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael Keith Trodd

director · Since 04/02/2020

PLUMBER

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Mrs Fatemeh Tavakolijorabi

director · Since 26/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Mr Michael Keith Trodd

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

British · United Kingdom · Age 48

233, Eastcote Road, Ruislip, HA4 8BN

Notified 04/02/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/10/2022Registered 24/10/2022

CompanyRankvs 138073+ SIC 68209 peers
36

Financial strength45th percentile among SIC peers · 11/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1380731978 Developments Ltd
46
How is this score calculated?
Financial strength11/25 pts

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

Employees12/15 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 28/02/2025

Net Worth

£289

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£163k

Working capital

Current Assets

£5k

Current Liabilities

£167k

Fixed Assets

£543k

2avg. employees

Balance Sheet

Assets less current liabilities£380k
Signed by Mr MICHAEL TRODD 28 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03—
2024-0.02—
20230.00+£6k
20220.28-£6k
20210.19—

Derived from filed accounts. Not audited figures.