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Braccans Developments Ltd

15543769

active
Private Limited Company
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

Persons with Significant Control

Mr Bernard Margulies

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

British · United Kingdom · 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

CompanyRankvs 68403+ SIC 41100 peers
26

Financial strength3th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Longevity2/15 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.