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Tmh15 Development Ltd

13063009

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

89 KING STREET, MAIDSTONE, ME14 1BG
Incorporated 04/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Kurt Morris

director · Since 22/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 19 other boards

Persons with Significant Control

Mr Kurt Morris

75–100% shares

British · England · Age 44

89 King Street, Maidstone, ME14 1BG

Notified 27/06/2024

Former PSCs

Mr Antony Raymond Tilney

Ceased 27/06/2024

Charges1 outstanding

Charge
outstanding

MEDICHEM PROPERTIES LTD

Created 18/07/2024Registered 23/07/2024

CompanyRankvs 796850+ SIC 68100 peers
39

Financial strength41th percentile among SIC peers · 10/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1× · 6/20
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 strength10/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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

£100

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.7M

Debtors

£76k

2avg. employees

Balance Sheet

Assets less current liabilities-£1k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.00
20230.19

Derived from filed accounts. Not audited figures.