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Academy Developments No. 2 Ltd

13251720

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

IDEAS HOUSE SUITE 8, EASTWOOD CLOSE, E18 1RT
Incorporated 08/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr John Junior Fortune

director · Since 08/03/2021

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 68

Also on 11 other boards

Persons with Significant Control

Mr John Junior Fortune

75–100% shares

British · England · Age 68

Ideas House, Suite 8, Eastwood Close, E18 1RT

Notified 08/03/2021

Charges3 outstanding

Charge
outstanding

T0J LONDON LIMITED

Created 01/12/2025Registered 06/12/2025
Charge
outstanding

UNITED NATIONAL BANK LIMITED

Created 02/09/2024Registered 17/09/2024
Charge
outstanding

UNITED NATIONAL BANK LIMITED

Created 02/09/2024Registered 17/09/2024
Charge
satisfied

SITUS ASSET MANAGEMENT LIMITED

Created 19/05/2021Registered 04/06/2021Satisfied 03/09/2024
Charge
satisfied

SITUS ASSET MANAGEMENT LIMITED

Created 19/05/2021Registered 04/06/2021Satisfied 03/09/2024
Charge
satisfied

SITUS ASSET MANAGEMENT LIMITED

Created 18/05/2021Registered 26/05/2021Satisfied 04/06/2021
Charge
satisfied

SITUS ASSET MANAGEMENT LIMITED

Created 18/05/2021Registered 26/05/2021Satisfied 04/06/2021

CompanyRankvs 37012+ SIC 41202 peers
36

Financial strength5th percentile among SIC peers · 1/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.79× · 20/20
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 strength1/25 pts

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

Employees5/15 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.

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 31/03/2024

Net Worth

-£48k

Balance sheet strength

Cash

£413

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£3.3M

Current Liabilities

£1.2M

Debtors

£8k

1avg. employees

Director Loans

Company owes directors£795k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.79-£19k
20233.40-£19k
20223.56

Derived from filed accounts. Not audited figures.