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Essential Developments Group Ltd.

12511512

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

SECURITY HOUSE UNIT 3, WEALD HALL LANE INDUSTRIAL ESTATE, EPPING, CM16 6NR
Incorporated 11/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Stephen William Smith

director · Since 11/03/2020

DIRECTOR

ENGLISH · ENGLAND · Age 56

Also on 6 other boards

Mr Michael Paul Slade

director · Since 10/06/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Persons with Significant Control

Stephen Smith

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

English · United Kingdom · Age 56

Security House, Unit 3, Weald Hall Lane Industrial Estate, Epping, CM16 6NR

Notified 11/03/2020

Mr Michael Paul Slade

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

English · England · Age 43

Security House, Unit 3, Weald Hall Lane Industrial Estate, Epping, CM16 6NR

Notified 05/06/2023

Charges1 outstanding

Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 06/08/2021Registered 07/08/2021

CompanyRankvs 169801+ SIC 68209 peers
34

Financial strength58th percentile among SIC peers · 14/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 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.

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.

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 31/03/2025

Net Worth

£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£117

Working capital

Current Assets

£1k

Current Liabilities

£1k

Fixed Assets

£213k

0avg. employees

Balance Sheet

Assets less current liabilities£213k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92+£633
20241.15+£6k
20231.76-£4k
20228.23

Derived from filed accounts. Not audited figures.