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Form Properties (Nef) Limited

13389170

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

ST JOHN'S ROAD, DURHAM CITY, DH7 8RJ
Incorporated 11/05/2021

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 10/05/2025

Due 24/05/2026

Overdue

Industry

41100
Development of building projects

Officers

Mr Michael Harries

director · Since 11/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 46

Mr David Francis Lewis

director · Since 11/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Mr James Michael Lewis

director · Since 11/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 66

Mr Michael Edward Foster-Smith

director · Since 24/09/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 3 other boards

Persons with Significant Control

Ml & Dl Developments Limited

25–50% shares
25–50% votes
Appoint directors

St John's Road, Meadowfield Industrial Estate, Durham City, DH7 8RJ

Reg: 13242164 · Uk Register Of Companies · Private Company Limited By Shares

Notified 11/05/2021

Form Properties Limited

25–50% shares
25–50% votes
Appoint directors

St John's Road, Meadowfield Industrial Estate, Durham City, DH7 8RJ

Reg: 13375843 · Uk Register Of Companies · Private Company Limited By Shares

Notified 11/05/2021

Former PSCs

Fallowfield Developments Ltd

Ceased 19/08/2021

Charges0 outstanding

Charge
satisfied

NORTH EAST PROPERTY LP ACTING BY NORTH EAST PROPERTY (GP) LIMITED AS THE GENERAL PARTNER OF NO

Created 02/03/2022Registered 03/03/2022Satisfied 02/05/2025
Charge
satisfied

NORTH EAST PROPERTY LP ACTING BY ITS GENERAL PARTNER NORTH EAST PROPERTY (GP) LIMITED, ACTING B

Created 02/03/2022Registered 03/03/2022Satisfied 02/05/2025

CompanyRankvs 58422+ SIC 41100 peers
31

Financial strength53th percentile among SIC peers · 13/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength13/25 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

departures from that standard. The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the accounts. Going concern The directors assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on

Key FinancialsYear ending 30/04/2025

Net Worth

£1k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

-£323k

Working capital

Current Assets

£940k

Current Liabilities

£1.3M

Fixed Assets

£92

Debtors

£634k

0avg. employees

Balance Sheet

Assets less current liabilities-£323k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.74
20240.76
20230.90

Derived from filed accounts. Not audited figures.