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Old Town Developments (Kent) Ltd

13585137

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

16 BOWES AVENUE, MARGATE, CT9 5EP
Incorporated 25/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Stuart Lawrence Barr

director · Since 25/08/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Neil Daniel Brennan

director · Since 25/08/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 5 other boards

Persons with Significant Control

Mr Stuart Lawrence Barr

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

British · England · Age 59

12, Upton Grange, Broadstairs, CT10 2NS

Notified 25/08/2021

Mr Neil Daniel Brennan

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

British · England · Age 50

16, Bowes Avenue, Margate, CT9 5EP

Notified 25/08/2021

CompanyRankvs 46739+ SIC 41100 peers
45

Financial strength11th percentile among SIC peers · 3/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 665.38× · 20/20
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.

Employees2/15 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£28k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£424k

Working capital

Current Assets

£425k

Current Liabilities

£638

Debtors

£935

0avg. employees

Balance Sheet

Assets less current liabilities£424k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2025665.38+£2k
2024699.08-£14k
2023351.46-£15k
2022354.17

Derived from filed accounts. Not audited figures.