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Project Developments (Nw) Ltd

12915557

active
ltd
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

Office 4 Higher Swan Lane, Bolton, BL3 3AQ
Incorporated 30/09/2020

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 29/09/2025

Due 13/10/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Matthew Ledwards

director · Since 30/09/2020

British · England · Age 35

Jason Pearson

director · Since 30/09/2020

British · England · Age 40

Persons with Significant Control

Mr Jason Pearson

25–50% shares
25–50% votes

British · England · Age 40

Office 4, Higher Swan Lane, Bolton, BL3 3AQ

Notified 30/09/2020

Mr Matthew Ledwards

50–75% shares
50–75% votes

British · England · Age 35

Office 4, Higher Swan Lane, Bolton, BL3 3AQ

Notified 30/09/2020

Charges4 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 06/05/2026Registered 07/05/2026
Charge
outstanding

PARAGON BANK PLC

Created 06/02/2026Registered 09/02/2026
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 01/05/2024Registered 02/05/2024
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 21/09/2023Registered 21/09/2023

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1Office 4 Higher Swan Lane
2026-06-09

OFFICE 4

post townBolton
2026-06-09

BOLTON

officer appointedLEDWARDS, Matthew
2026-06-09
officer appointedPEARSON, Jason
2026-06-09

CompanyRankvs 141165+ SIC 68100 peers
22

Financial strength22th percentile among SIC peers · 6/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength6/25 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.

Liquidity2/20 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

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£10k

Current Liabilities

£285k

Fixed Assets

£271k

0avg. employees

Balance Sheet

Assets less current liabilities£282k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04+£2k
20240.14

Derived from filed accounts. Not audited figures.