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Improve Home Developments Limited

15437913

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

96 DROVE ROAD, WESTON-SUPER-MARE, BS23 3NW
Incorporated 24/01/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Dale Michael Groves

director · Since 24/01/2024

ENGINEER

ENGLISH · ENGLAND · Age 40

Also on 1 other board

Mr Paul Groves

director · Since 24/01/2024

DIRECTOR

ENGLISH · ENGLAND · Age 60

Persons with Significant Control

Mr Paul Groves

25–50% shares
25–50% votes

English · England · Age 60

4 Cranwell Road, Locking Parklands, Weston-Super-Mare, BS24 7GF

Notified 24/01/2024

Mr Dale Michael Groves

25–50% shares
25–50% votes

English · England · Age 40

4 Cranwell Road, Locking Parklands, Weston-Super-Mare, BS24 7GF

Notified 24/01/2024

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 01/05/2024Registered 20/05/2024

CompanyRankvs 125627+ SIC 68100 peers
26

Financial strength16th percentile among SIC peers · 4/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 31/01/2025

Net Worth

-£10k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£4k

Current Liabilities

£44k

Fixed Assets

£120k

2avg. employees

Balance Sheet

Assets less current liabilities£80k
Signed by Mr Paul Groves 04/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.09

Derived from filed accounts. Not audited figures.