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Alternative Development Finance Limited

13578080

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

2 IMPERIAL PLACE, BOREHAMWOOD, WD6 1JN
Incorporated 23/08/2021

Compliance

Last accounts

30/09/2024

medium

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 22/08/2025

Due 05/09/2026

On track

Industry

64999
Other financial service activities

Officers

Allan Howard Kay

director · Since 23/08/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Mr Stephen Daniel Meller

director · Since 23/08/2021

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 23 other boards

Mr Brian Leslie Rubins

director · Since 23/08/2021

DIRECTOR

BRITISH · ENGLAND · Age 86

Also on 15 other boards

Mr Jonathan Rubins

director · Since 23/08/2021

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 68 other boards

Ms Laxmi Sivasubramanian

secretary · Since 05/08/2022

Persons with Significant Control

Alternative Bridging Corporation Limited

75–100% shares
75–100% votes

1st Floor, Healthaid House, Harrow, HA1 1UD

Reg: 07194858 · Companies House · Private Company Limited By Shares

Notified 23/08/2021

Charges1 outstanding

Charge
outstanding

PROPERTY FINANCE CAPITAL (NO 2) LIMITED

Created 01/10/2021Registered 11/10/2021

CompanyRankvs 11610+ SIC 64999 peers
55

Financial strength86th percentile among SIC peers · 22/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 20.27× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/09/2024

Turnover

£3.6M

Annual revenue

Net Worth

£271k

Balance sheet strength

Cash

£174k

Cash in the bank

Profit Before Tax

£527k

Bottom line earnings

Net Current Assets

£20.6M

Working capital

Current Assets

£21.7M

Current Liabilities

£1.1M

Debtors

£21.5M

Cost of Sales

£3.0M

Gross Profit

£571k

Admin Expenses

£44k

Profit After Tax

£527k

4avg. employees+4

Tax at Year End

Dividends paid£395k

Balance Sheet

Bank loans & overdrafts£8.2M
Assets less current liabilities£20.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202420.27+£132k
202316.79+£105k
202210.66

Derived from filed accounts. Not audited figures.