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Marygate (No 1) Developments Limited

12709488

active
Private Limited Company
england wales
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

55 LOUDOUN ROAD, LONDON, NW8 0DL
Incorporated 01/07/2020

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

41100
Development of building projects

Officers

Mr Christopher John Purslow

director · Since 01/07/2020

RETIRED

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mr Robert Toone

director · Since 01/07/2020

BARRISTER

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mr Ian Micheal Leslie Yardley

director · Since 01/07/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 7 other boards

Persons with Significant Control

Marygate Developments Limited

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

55 Loudoun Road, St John's Wood, London, NW8 0DL

Reg: 12685933 · Companies House · Limited Company

Notified 01/07/2020

Charges1 outstanding

Charge
outstanding

CHRISTOPHER JOHN PURSLOW AND CJP PROPERTY INVESTMENTS LIMITED

Created 06/09/2024Registered 12/09/2024

CompanyRankvs 47211+ SIC 41100 peers
35

Financial strength8th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 129.12× · 20/20
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 strength2/25 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.

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

-£63k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.2M

Current Liabilities

£10k

Debtors

£43k

0avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025129.12-£39k
202446.84-£8k
202364.39-£7k
202230.98-£7k
2021213.46

Derived from filed accounts. Not audited figures.