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Triang Developments Limited

12621533

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

HAFREN HOUSE, LLANYMYNECH, SY22 6SG
Incorporated 26/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr James William Owen

director · Since 26/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 7 other boards

Mrs Rhian Megan Owen

director · Since 26/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Persons with Significant Control

Mr James William Owen

25–50% shares
25–50% votes

British · United Kingdom · Age 39

Hafren House, Llandrinio, Llanymynech, SY22 6SG

Notified 26/05/2020

Mrs Rhian Megan Owen

25–50% shares
25–50% votes

British · United Kingdom · Age 38

Hafren House, Llandrinio, Llanymynech, SY22 6SG

Notified 26/05/2020

Charges2 outstanding

Charge
outstanding

ATOM BANK PLC

Created 27/06/2025Registered 01/07/2025
Charge
outstanding

ATOM BANK PLC

Created 27/06/2025Registered 01/07/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/02/2025Registered 12/02/2025Satisfied 13/05/2025

CompanyRankvs 40822+ SIC 41100 peers
38

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.19× · 12/20
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 strength0/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

-£1.1M

Balance sheet strength

Cash

£206k

Cash in the bank

Net Current Assets

£120k

Working capital

Current Assets

£749k

Current Liabilities

£629k

Fixed Assets

£11.9M

Debtors

£119k

7avg. employees+5

Balance Sheet

Assets less current liabilities£12.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.19-£553k
20240.61-£406k
20231.84
20220.17

Derived from filed accounts. Not audited figures.