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78 Developments Ltd

14491230

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 17/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Simon Sebastian Powell

director · Since 17/11/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 3 other boards

Persons with Significant Control

Simon Powell

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 48

128, City Road, London, EC1V 2NX

Notified 17/11/2022

Charges1 outstanding

Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 09/10/2025Registered 10/10/2025

CompanyRankvs 268456+ SIC 68209 peers
23

Financial strength18th percentile among SIC peers · 5/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.62× · 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 strength5/25 pts

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

Employees3/15 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 30/11/2024

Net Worth

-£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£6k

Current Liabilities

£10k

0avg. employees
Prepared with v2025.31.1 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent Ratio
20240.62
20231.14

Derived from filed accounts. Not audited figures.