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Fern Developments Ltd

15701374

active
Private Limited Company
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

UNIT 3 WILLINGTON MARINA, WALLSEND, NE28 6QT
Incorporated 02/05/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Paul Andrew Collins

director · Since 02/05/2024

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mr Ian Dugdale

director · Since 02/05/2024

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 4 other boards

Georgia Frances Lagun

director · Since 02/05/2024

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Mr Colin Shaw

director · Since 02/05/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 4 other boards

Persons with Significant Control

Mr Colin Shaw

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

British · United Kingdom · Age 54

Unit 3 Willington Marina, Willington Quay, Wallsend, NE28 6QT

Notified 02/05/2024

Mr Ian Dugdale

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

British · United Kingdom · Age 49

Unit 3 Willington Marina, Willington Quay, Wallsend, NE28 6QT

Notified 02/05/2024

Mr Paul Andrew Collins

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

British · United Kingdom · Age 57

Unit 3 Willington Marina, Willington Quay, Wallsend, NE28 6QT

Notified 02/05/2024

Charges0 outstanding

Charge
satisfied

REWARD FINANCE GROUP LIMITED

Created 20/12/2024Registered 02/01/2025Satisfied 12/02/2026

CompanyRankvs 59744+ SIC 41100 peers
41

Financial strength17th percentile among SIC peers · 4/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

-£4k

Balance sheet strength

Cash

£735

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£165k

Current Liabilities

£169k

Debtors

£2k

4avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.97

Derived from filed accounts. Not audited figures.