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Loosegate Developments (Long Sutton) Limited

13084947

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

BROWNS YARD SEAS END ROAD, SPALDING, PE12 6JX
Incorporated 16/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Derek John Ford

director · Since 16/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 9 other boards

Mr Robert Ian Spenceley

director · Since 18/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Loosegate Group Limited

75–100% shares
75–100% votes
Appoint directors

Browns Yard, Seas End Road, Spalding, PE12 6JX

Reg: 15819122 · England & Wales · Private Company Limited By Shares

Notified 28/10/2024

Former PSCs

Mr Derek John Ford

Ceased 28/10/2024

Charges6 outstanding

Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 10/03/2025Registered 26/03/2025
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 10/03/2025Registered 19/03/2025
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 10/03/2025Registered 19/03/2025
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 10/03/2025Registered 19/03/2025
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 13/06/2022Registered 23/06/2022
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 13/06/2022Registered 23/06/2022

CompanyRankvs 80248+ SIC 41100 peers
20

Financial strength7th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 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.

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.

Longevity5/15 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

-£80k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£80k

Working capital

Current Assets

£8.3M

Current Liabilities

£8.4M

Debtors

£28k

0avg. employees

Balance Sheet

Assets less current liabilities-£80k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£87
20230.98-£79k
20221.00

Derived from filed accounts. Not audited figures.