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Marygate Developments Limited

12685933

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

55 LOUDOUN ROAD, LONDON, NW8 0DL
Incorporated 20/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Christopher John Purslow

director · Since 20/06/2020

RETIRED

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mr Robert Toone

director · Since 20/06/2020

BARRISTER

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mr Ian Micheal Leslie Yardley

director · Since 20/06/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 7 other boards

Persons with Significant Control

Mr Christopher John Purslow

25–50% shares

British · United Kingdom · Age 69

55, Loudoun Road, London, NW8 0DL

Notified 20/06/2020

CompanyRankvs 428180+ SIC 41100 peers
46

Financial strength13th percentile among SIC peers · 3/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 220.13× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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.

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

-£19k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£3.5M

Working capital

Current Assets

£3.5M

Current Liabilities

£16k

Debtors

£2.5M

0avg. employees

Balance Sheet

Assets less current liabilities£3.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025220.13-£5k
2024331.74-£3k
2023408.26-£5k
2022427.25-£4k

Derived from filed accounts. Not audited figures.