Back to search

Mardan Development (Beds) Limited

14549988

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

7-8 Portmill Lane, Hitchin, SG5 1DJ
Incorporated 19/12/2022

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 18/12/2025

Due 01/01/2027

On track

Industry

41100
Development of building projects

Officers

Mr Daniel Brian Grinstead

director · Since 19/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mr Mark James Grinstead

director · Since 19/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Daniel Brian Grinstead

director · Since 19/12/2022

British · England · Age 38

Mark James Grinstead

director · Since 19/12/2022

British · England · Age 59

Persons with Significant Control

Mr Daniel Brian Grinstead

25–50% shares
25–50% votes

British · England · Age 38

7-8, Portmill Lane, Hitchin, SG5 1DJ

Notified 19/12/2022

Mr Mark James Grinstead

25–50% shares
25–50% votes

British · England · Age 59

7-8, Portmill Lane, Hitchin, SG5 1DJ

Notified 19/12/2022

Change History

status → active
2026-08-24

Active

type → ltd
2026-08-24

Private Limited Company

address line1 → 7-8 Portmill Lane
2026-08-24

7-8 PORTMILL LANE

post town → Hitchin
2026-08-24

HITCHIN

officer appointed → GRINSTEAD, Daniel Brian
2026-08-24
officer appointed → GRINSTEAD, Mark James
2026-08-24

CompanyRankvs 66617+ SIC 41100 peers
38

Financial strength10th percentile among SIC peers · 3/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1French & Jupps Limited
90
2Amalgamated Properties Limited
90
3F.C. Stark Limited
90
4Hitchin Property Trust Limited(The)
90
5Exepex Estates Limited
90
6London & Western Holdings Plc
90
7Robert Dixon Limited
90
8Rayners (Buildings) Limited
90
9G.W.Proudfoot Limited
90
10Taylor Lindsey Limited
90
66617Mardan Development (Beds) Limited
33
How is this score calculated?
Financial strength3/25 pts

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

Employees10/15 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 31/12/2025

Net Worth

-£37k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£41k

Working capital

Current Assets

£471k

Current Liabilities

£512k

Fixed Assets

£24k

Debtors

£1k

2avg. employees

Balance Sheet

Assets less current liabilities-£18k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92-£19k
20240.92—
20230.96—

Derived from filed accounts. Not audited figures.