Mfa Developments Ltd
12800034
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/08/2020
DOCTOR
BRITISH · UNITED KINGDOM · Age 33
Also on 10 other boards
Persons with Significant Control
Mr Mahmoud Abdelaziz
British · United Kingdom · Age 33
62 Beach Road, Weston-Super-Mare, BS23 4BE
Notified 07/08/2020
Former PSCs
Mr Jamie Haring
Ceased 25/10/2020
CompanyRankvs 60346+ SIC 41100 peers41
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2024
Net Worth
-£5k
Balance sheet strength
Cash
£645
Cash in the bank
Net Current Assets
-£26k
Working capital
Current Assets
£56k
Current Liabilities
£83k
Fixed Assets
£21k
Debtors
£55k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.68 | +£26k |
| 2023 | 0.85 | -£19k |
| 2022 | 0.70 | -£34k |
| 2021 | 1.16 | — |
Derived from filed accounts. Not audited figures.