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Saltmarsh Developments Limited

12939447

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

SWIFT HOUSE, CHELMSFORD, CM1 1GU
Incorporated 08/10/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/05/2026

Due 26/05/2027

On track

Industry

41100
Development of building projects

Officers

Mr Michael Tyrone Bradburn

director · Since 08/10/2020

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 59

Also on 14 other boards

Mr Iain Peter Hutchinson

director · Since 08/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 13 other boards

Mr Jonathan Patrick Whittle

director · Since 08/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 6 other boards

Persons with Significant Control

Mr Michael Tyrone Bradburn

25–50% shares
25–50% votes

English · United Kingdom · Age 59

Sterling House, Fulbourne Road, Walthamstow, E17 4EE

Notified 08/10/2020

Mr Iain Peter Hutchinson

25–50% shares
25–50% votes

British · United Kingdom · Age 61

Sterling House, Fulbourne Road, Walthamstow, E17 4EE

Notified 08/10/2020

Mr Jonathan Patrick Whittle

25–50% shares
25–50% votes

British · England · Age 61

Swift House, Ground Floor, 18 Hoffmans Way, Chelmsford, CM1 1GU

Notified 12/05/2022

Charges2 outstanding

Charge
outstanding

KINGSGATE PROPERTY INVESTMENTS LIMITED

Created 28/01/2021Registered 03/02/2021
Charge
outstanding

RQ CAPITAL LIMITED

Created 28/01/2021Registered 03/02/2021

CompanyRankvs 48904+ SIC 41100 peers
34

Financial strength5th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.84× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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48904Saltmarsh Developments Limited
43
How is this score calculated?
Financial strength1/25 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 31/12/2024

Net Worth

-£121k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£2.4M

Working capital

Current Assets

£3.0M

Current Liabilities

£614k

Debtors

£7k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.84+£0
20244.84-£90k
20233.32-£2k
20222.96-£3k
20212.88—

Derived from filed accounts. Not audited figures.