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Mdp Development South West Limited

12947281

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

15 CORNACRE ROAD, TORQUAY, TQ2 6JZ
Incorporated 13/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mrs Julie Marie Pratt

director · Since 13/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mr Mark David Pratt

director · Since 13/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Persons with Significant Control

Mrs Julie Marie Pratt

25–50% shares
25–50% votes

British · England · Age 53

15 Cornacre Road, Torquay, TQ2 6JZ

Notified 13/10/2020

Mr Mark David Pratt

25–50% shares
25–50% votes

British · England · Age 56

15 Cornacre Road, Torquay, TQ2 6JZ

Notified 13/10/2020

Charges1 outstanding

Charge
outstanding

EXETER FINANCE 2 LIMITED

Created 30/04/2026Registered 30/04/2026

CompanyRankvs 9240+ SIC 41100 peers
64

Financial strength93th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.46× · 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 strength23/25 pts

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

Employees10/15 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 31/10/2024

Net Worth

£862k

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

£862k

Working capital

Current Assets

£1.1M

Current Liabilities

£249k

Debtors

£80k

2avg. employees

Tax at Year End

Corp tax£40k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20244.46+£189k
20232.48+£682k
20221.00-£6k
20211.00

Derived from filed accounts. Not audited figures.