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Phm Developments Limited

14528783

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

26 WITLEY AVENUE, SOLIHULL, B91 3JD
Incorporated 07/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Kevin Holway

director · Since 07/12/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Andrew Thomas Muir

director · Since 07/12/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mr Adam Brian Palmer

director · Since 07/12/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Persons with Significant Control

Mr Kevin Holway

25–50% shares
25–50% votes

British · England · Age 58

26, Witley Avenue, Solihull, B91 3JD

Notified 12/03/2025

Mr Adam Brian Palmer

25–50% shares
25–50% votes

British · England · Age 57

26, Witley Avenue, Solihull, B91 3JD

Notified 12/03/2025

Former PSCs

Mr Andrew Thomas Muir

Ceased 12/03/2025

Charges3 outstanding

Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 22/09/2025Registered 24/09/2025
Charge
outstanding

SPF BRIDGING LTD

Created 22/03/2024Registered 26/03/2024
Charge
outstanding

SPF BRIDGING LTD

Created 22/03/2024Registered 26/03/2024

CompanyRankvs 123236+ SIC 68100 peers
30

Financial strength9th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.97× · 16/20
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 strength2/25 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.

Liquidity16/20 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 31/12/2024

Net Worth

-£32k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£132k

Working capital

Current Assets

£269k

Current Liabilities

£136k

Debtors

£623

0avg. employees

Balance Sheet

Bank loans & overdrafts£164k
Assets less current liabilities£132k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.97-£29k
20230.97

Derived from filed accounts. Not audited figures.