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Spinners Development Limited

13894452

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

HALE HOUSE, UNIT 5, PALMERS GREEN, N13 5TW
Incorporated 04/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Huseyin Mustafa

director · Since 04/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Mr Halil Ahmet Osman

director · Since 04/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 7 other boards

Dr Ali Reshat

director · Since 04/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 2 other boards

Persons with Significant Control

Mr Huseyin Mustafa

25–50% shares
25–50% votes

British · United Kingdom · Age 63

4, Friars Avenue, London, N20 0XH

Notified 04/02/2022

Mr Halil Ahmet Osman

25–50% shares
25–50% votes

British · United Kingdom · Age 71

24, Shortlands Close, London, N18 1LQ

Notified 04/02/2022

Dr Ali Reshat

25–50% shares
25–50% votes

British · United Kingdom · Age 66

Hale House, Unit 5, 296a Green Lanes, Palmers Green, N13 5TW

Notified 04/02/2022

CompanyRankvs 65187+ SIC 41100 peers
34

Financial strength52th percentile among SIC peers · 13/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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65187Spinners Development Limited
34
How is this score calculated?
Financial strength13/25 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.

Liquidity0/20 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.

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

£900

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

-£1.3M

Working capital

Current Assets

—

Current Liabilities

£2.3M

Fixed Assets

£1.2M

Profit After Tax

£42k

0avg. employees

Balance Sheet

Assets less current liabilities-£110k
Prepared with IRIS Accounts Production