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Swinside Development (Salford) Ltd

14344827

active
ltd
england wales
Companies House
2 outstanding charges
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

2nd Floor - Parkgates Bury New Road, Prestwich, Manchester, M25 0TL
Incorporated 08/09/2022

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

25/06/2026

On track

Confirmation statement

Last: 08/09/2025

Due 22/09/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Pin Zhao

director · Since 08/09/2022

British · England · Age 44

Persons with Significant Control

Plin Development Ltd

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

2nd Floor - Parkgates, Bury New Road, Manchester, M25 0TL

Reg: 11367121 · Uk Register Of Companies · Private Company Limited By Shares

Notified 08/09/2022

Charges2 outstanding

A registered charge
outstanding

Paragon Development Finance Limited

All that freehold land being land lying to the south west of chorley road, swinton, manchester as registered at hm land registry under title number LA279416 and land lying and buildings lying to the south west of chorley road, swinton, manchester as registered at hm land registry under title number GM258177 and 78 and 80 chorley road, swinton, manchester (M27 5AD) as registered at hm land registry under title number GM277527.

Created 30/04/2026Registered 07/05/2026
A registered charge
outstanding

Paragon Development Finance Limited

All that freehold land being land lying to the south west of chorley road, swinton, manchester as registered at hm land registry under title number LA279416 and land lying and buildings lying to the south west of chorley road, swinton, manchester as registered at hm land registry under title number GM258177 and 78 and 80 chorley road, swinton, manchester (M27 5AD) as registered at hm land registry under title number GM277527.

Created 30/04/2026Registered 07/05/2026

Change History

officer appointedZHAO, Pin
2026-06-10
statusactive
2026-06-10

Active

typeltd
2026-06-10

Private Limited Company

address line12nd Floor - Parkgates Bury New Road
2026-06-10

2ND FLOOR - PARKGATES BURY NEW ROAD

post townManchester
2026-06-10

MANCHESTER

CompanyRankvs 123125+ SIC 68100 peers
30

Financial strength23th percentile among SIC peers · 6/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1× · 6/20
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 strength6/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 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.

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 30/09/2024

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£679k

Current Liabilities

£680k

1avg. employees

Balance Sheet

Assets less current liabilities-£457
Signed by 14344827 2023-10-01 2024-09-30 14344827 2024-09-30 14344827 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.00-£742
20231.00

Derived from filed accounts. Not audited figures.