1.61 London Developments Ltd
13157265
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/01/2021
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 42
Also on 2 other boards
director · Since 25/01/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 38
Also on 3 other boards
Persons with Significant Control
Michael Nicholas Christou
British · England · Age 38
Suite Ff10 Brooklands House, 58 Marlborough Road, Lancing, BN15 8AF
Notified 25/01/2021
Alexander Constantine Christou
British · England · Age 42
Suite Ff10 Brooklands House, 58 Marlborough Road, Lancing, BN15 8AF
Notified 25/01/2021
CompanyRankvs 73613+ SIC 41100 peers33
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2025
Net Worth
-£2k
Balance sheet strength
Cash
£641
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£401k
Current Liabilities
£403k
Debtors
£300k
Profit After Tax
-£480
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.99 | -£500 |
| 2024 | 1.00 | -£480 |
| 2023 | 1.00 | — |
Derived from filed accounts. Not audited figures.