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Inspiring Developments Ltd

13725251

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT A, ANGEL BUSINESS CENTRE, 1 LUTON ROAD, DUNSTABLE, LU5 6DE
Incorporated 05/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Thomas Michael Corrigan

director · Since 05/11/2021

DIRECTOR

IRISH · ENGLAND · Age 37

Also on 2 other boards

Mr Robert Alexander Newman

director · Since 05/11/2021

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Mr Thomas Michael Corrigan

25–50% shares
25–50% votes

Irish · England · Age 37

Unit A, Angel Business Centre, 1, Luton Road, Dunstable, LU5 6DE

Notified 05/11/2021

Mr Robert Alexander Newman

25–50% shares
25–50% votes

British · England · Age 35

Unit A, Angel Business Centre, 1, Luton Road, Dunstable, LU5 6DE

Notified 05/11/2021

CompanyRankvs 24426+ SIC 41100 peers
65

Financial strength77th percentile among SIC peers · 19/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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24426Inspiring Developments Ltd
60
How is this score calculated?
Financial strength19/25 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.

Liquidity16/20 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 30/11/2024

Net Worth

£72k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£107k

Working capital

Current Assets

£189k

Current Liabilities

£108k

Fixed Assets

£19k

2avg. employees

Balance Sheet

Assets less current liabilities£126k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.75+£83k
20230.26-£20k
20221.32—

Derived from filed accounts. Not audited figures.