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Marygate (No2) Developments Limited

13801223

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

55 LOUDOUN ROAD, LONDON, NW8 0DL
Incorporated 14/12/2021

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 13/12/2025

Due 27/12/2026

On track

Industry

41100
Development of building projects

Officers

Mr Christopher John Purslow

director · Since 14/12/2021

RETIRED

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mr Robert Toone

director · Since 14/12/2021

BARRISTER

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mr Ian Micheal Leslie Yardley

director · Since 14/12/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 7 other boards

Persons with Significant Control

Marygate Developments Limited

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

55 Loudoun Road, St John's Wood, London, NW8 0DL

Reg: 12685933 · Companies House · Limited Company

Notified 14/12/2021

Charges1 outstanding

Charge
outstanding

CHRISTOPHER JOHN PURSLOW AND CJP PROPERTY INVESTMENTS LIMITED

Created 06/09/2024Registered 19/09/2024

CompanyRankvs 430420+ SIC 41100 peers
34

Financial strength13th percentile among SIC peers · 3/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 156.24× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Longevity4/15 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 28/02/2025

Net Worth

-£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.1M

Current Liabilities

£7k

Debtors

£30k

0avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025156.24-£6k
202492.30-£7k
2023259.88

Derived from filed accounts. Not audited figures.