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Pilgrim Developments Midlands Ltd

14135367

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

SECOND FLOOR RIDGELAND HOUSE, HORSHAM, RH12 1ER
Incorporated 26/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Jonathan William Blundell

director · Since 26/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Martin Russell Fagan

director · Since 26/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 2 other boards

Persons with Significant Control

Martin Russell Fagan

25–50% shares
25–50% votes

British · United Kingdom · Age 71

6, Alderwood Close, Caterham, CR3 6AT

Notified 26/05/2022

Jonathan William Blundell

25–50% shares
25–50% votes

British · United Kingdom · Age 50

1, Vale Close, Loughborough, LE11 2GZ

Notified 26/05/2022

CompanyRankvs 70566+ SIC 41100 peers
35

Financial strength30th percentile among SIC peers · 8/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 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.

Liquidity6/20 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 31/05/2024

Net Worth

£2

Balance sheet strength

Cash

£64k

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£575k

Current Liabilities

£605k

Fixed Assets

£1k

Debtors

£20k

0avg. employees

Balance Sheet

Assets less current liabilities-£29k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.95
20230.97

Derived from filed accounts. Not audited figures.