Wear Developments Ltd
13813190
Some Concerns
- No accounts filed in last 18 months (-5)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/12/2021
DIRECTOR
ENGLISH · UNITED KINGDOM · Age 39
Also on 5 other boards
Persons with Significant Control
Mr Paul Michael Harbord
English · United Kingdom · Age 39
1 Hackworth Road, Hackworth Road, Peterlee, SR8 2JQ
Notified 22/12/2021
Charges3 outstanding
CHARTER COURT FINANCIAL SERVICES LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
CompanyRankvs 52461+ SIC 41100 peers32
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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.
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 31/12/2024
Net Worth
£2
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£2
Working capital
Current Assets
£120k
Current Liabilities
£120k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.00 |
| 2023 | 1.00 |
Derived from filed accounts. Not audited figures.