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Grand Property Developments Ltd

13381370

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

10 OVETT GARDENS, GATESHEAD, NE8 3JH
Incorporated 07/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Michael Ryder

director · Since 07/05/2021

BUILDER

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Mr Wayne Antony Fletcher

director · Since 08/05/2021

BUILDER

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Michael Ryder

25–50% shares
25–50% votes

British · United Kingdom · Age 55

10, Ovett Gardens, Gateshead, NE8 3JH

Notified 07/05/2021

Mr Wayne Antony Fletcher

25–50% shares
25–50% votes

British · England · Age 35

25, Binsby Gardens, Gateshead, NE9 7HR

Notified 07/05/2021

Charges3 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 23/10/2025Registered 29/10/2025
Charge
outstanding

SIMPLE BRIDGING NE LTD

Created 11/03/2025Registered 12/03/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 20/12/2024Registered 20/12/2024

CompanyRankvs 168180+ SIC 68100 peers
17

Financial strength18th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.16× · 2/20
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 strength5/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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 31/05/2025

Net Worth

-£8k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£58k

Working capital

Current Assets

£11k

Current Liabilities

£69k

Fixed Assets

£207k

Debtors

£2

Director Loans

Company owes directors£62k

Balance Sheet

Assets less current liabilities£149k
Signed by Mr Michael Ryder 20/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.16+£10k
20240.02

Derived from filed accounts. Not audited figures.