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Classic Projects Ltd

13413870

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

MICHAEL DAVIES, RYDE, PO33 2RL
Incorporated 21/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41202
Construction of domestic buildings
43342
Glazing
43910
Roofing activities

Officers

Mr Michael Davies

director · Since 21/05/2021

CARPENTER

BRITISH · UNITED KINGDOM · Age 27

Mr Nigel Paul Davies

director · Since 21/05/2021

C

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

CompanyRankvs 63420+ SIC 41100 peers
39

Financial strength11th percentile among SIC peers · 3/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees10/15 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.

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

-£26k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£770

Working capital

Current Assets

£2k

Current Liabilities

£2k

Fixed Assets

£1k

Debtors

£29

2avg. employees
Prepared with v2026.5.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20250.68+£0
20250.68

Derived from filed accounts. Not audited figures.