Back to search

Braccans Developments Ltd

15543769

active
ltd
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

C/O 32 Castlewood Road, London, N16 6DW
Incorporated 06/03/2024

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 12/12/2025

Due 26/12/2026

On track

Industry

41100
Development of building projects

Officers

Mr Bernard Margulies

director · Since 06/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 63 other boards

Mr Eliyohu Anshel Babad

director · Since 12/12/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 16 other boards

Bernard Margulies

director · Since 06/03/2024

British · England · Age 34

Eliyohu Anshel Babad

director · Since 12/12/2024

British · England · Age 34

Persons with Significant Control

Mr Bernard Margulies

25–50% shares
25–50% votes
Appoint directors

British · England · Age 34

C/O 32, Castlewood Road, London, N16 6DW

Notified 06/03/2024

Mr Eliyohu Anshel Babad

25–50% shares
25–50% votes
Appoint directors

British · England · Age 34

C/O 32, Castlewood Road, London, N16 6DW

Notified 12/12/2024

Charges4 outstanding

Charge
outstanding

UNITED TRUST BANK LIMITED

Created 27/02/2025Registered 06/03/2025
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 27/02/2025Registered 04/03/2025
Charge
outstanding

COMMERCIAL ACCEPTANCES LIMITED

Created 03/06/2024Registered 06/06/2024
Charge
outstanding

COMMERCIAL ACCEPTANCES LIMITED

Created 03/06/2024Registered 06/06/2024

Change History

statusactive
2026-08-28

Active

typeltd
2026-08-28

Private Limited Company

address line1C/O 32 Castlewood Road
2026-08-28

C/O 32 CASTLEWOOD ROAD

post townLondon
2026-08-28

LONDON

officer appointedBABAD, Eliyohu Anshel
2026-08-28
officer appointedMARGULIES, Bernard
2026-08-28

CompanyRankvs 68700+ SIC 41100 peers
27

Financial strength3th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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.

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 31/03/2025

Net Worth

-£374k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£603k

Working capital

Current Assets

£1.4M

Current Liabilities

£798k

Fixed Assets

£3.1M

0avg. employees

Balance Sheet

Assets less current liabilities£3.7M
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20251.75

Derived from filed accounts. Not audited figures.

Filing History12 filings

Accounts filed

accounts with accounts type micro entity

29/06/20265 pages · PDF
Accounts date changed

change account reference date company current shortened

31/03/20261 page · PDF
Confirmation statement

confirmation statement with no updates

19/01/20263 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

06/03/202522 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

04/03/202521 pages · PDF
Confirmation statement

confirmation statement with updates

12/12/20245 pages · PDF
PSC notified

notification of a person with significant control

12/12/20242 pages · PDF
PSC changed

change to a person with significant control

12/12/20242 pages · PDF
Director appointed

appoint person director company with name date

12/12/20242 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

06/06/202414 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

06/06/202418 pages · PDF
Incorporated

incorporation company

06/03/202429 pages · PDF