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East Wing Development Limited

13706217

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE ROYAL BEACH HOTEL, SOUTHSEA, PO4 0RN
Incorporated 27/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Jay David Laundon

director · Since 27/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 21 other boards

Mr Grant Murphy

director · Since 27/10/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 7 other boards

Mr Farid Yeganeh

director · Since 27/10/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Persons with Significant Control

East Wing Holdings Limited

75–100% shares
75–100% votes
Appoint directors

The Royal Beach Hotel, St. Helens Parade, Southsea, PO4 0RN

Notified 01/11/2022

Former PSCs

Zenda Limited

Ceased 01/11/2022

Charges1 outstanding

Charge
outstanding

COVETREE DEVELOPMENTS LIMITED

Created 01/09/2022Registered 07/09/2022

CompanyRankvs 94720+ SIC 41100 peers
57

Financial strength98th percentile among SIC peers · 25/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 6.28× · 20/20
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 strength25/25 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.

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 31/08/2025

Net Worth

£4.2M

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£11.4M

Working capital

Current Assets

£13.6M

Current Liabilities

£2.2M

Debtors

£38k

Profit After Tax

£718

0avg. employees

Tax at Year End

Corp tax£0
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20256.28-£411
20248.10+£718
202319.03

Derived from filed accounts. Not audited figures.