Finlo Developments Ltd
13799692
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/12/2021
DIRECTOR
IRISH · UNITED KINGDOM · Age 45
Also on 1 other board
Persons with Significant Control
Mr Pauric Martin Davy
Irish · United Kingdom · Age 45
5, Trostrey Road, Birmingham, B30 3NE
Notified 14/12/2021
Ms Victoria Jayne Warman
British · United Kingdom · Age 39
169, Kidderminster Road, Bromsgrove, B61 9AF
Notified 14/12/2021
CompanyRankvs 68574+ SIC 41202 peers24
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
-£216k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£190k
Working capital
Current Assets
£1k
Current Liabilities
£191k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.01 | -£34k |
| 2023 | 0.13 | -£168k |
| 2022 | 1.49 | — |
Derived from filed accounts. Not audited figures.