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Westacott Developments Limited

13046377

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

28 ALEXANDRA TERRACE, EXMOUTH, EX8 1BD
Incorporated 26/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Peter Mark Rowe

director · Since 26/11/2020

GROUNDWORKER

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Mr Michael John Salter

director · Since 26/11/2020

BUILDER

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Mr Michael John Salter

25–50% shares
25–50% votes

British · England · Age 61

28 Alexandra Terrace, Exmouth, EX8 1BD

Notified 26/11/2020

Mr Peter Mark Rowe

25–50% shares
25–50% votes

British · England · Age 59

28 Alexandra Terrace, Exmouth, EX8 1BD

Notified 26/11/2020

Charges0 outstanding

Charge
satisfied

LEONARD JOHN ROLLASON · ELIZABETH SUSAN ROLLASON

Created 16/11/2023Registered 16/11/2023Satisfied 12/04/2024
Charge
satisfied

EXETER FINANCE 2 LIMITED

Created 24/07/2023Registered 25/07/2023Satisfied 12/04/2024
Charge
satisfied

EXETER FINANCE 2 LIMITED

Created 14/12/2021Registered 14/12/2021Satisfied 12/04/2024

CompanyRankvs 14851+ SIC 41202 peers
65

Financial strength93th percentile among SIC peers · 23/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£241k

Balance sheet strength

Cash

£222k

Cash in the bank

Net Current Assets

£218k

Working capital

Current Assets

£917k

Current Liabilities

£698k

Fixed Assets

£35k

Debtors

£4k

2avg. employees

Balance Sheet

Bank loans & overdrafts£512k
Assets less current liabilities£253k
Signed by 13046377 2023-12-01 2024-11-30 13046377 2024-11-30 13046377 core:RetainedEarningsAccumulatedLosses 2024-11-30 13046377 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.31+£85k
20231.15-£45k
20222.82

Derived from filed accounts. Not audited figures.