African Developments Ltd
15725620
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/05/2024
SALES MANAGER
SOUTH AFRICAN · ENGLAND · Age 42
Also on 1 other board
director · Since 17/05/2024
ELECTRICAL ENGINEER
SOUTH AFRICAN · ENGLAND · Age 32
Also on 1 other board
director · Since 17/05/2024
ELECTRICAL ENGINEER
BRITISH · UNITED KINGDOM · Age 50
Mr Timothy Albert Hornby
director · Since 17/05/2024
ELECTRICAL
BRITISH · ENGLAND · Age 51
Persons with Significant Control
Gordon Von Mitzinger
British · United Kingdom · Age 50
African Developements Ltd , Unit 3, Upton Road, Poole, BH17 7AF
Notified 17/05/2024
Timothy Hornby
British · United Kingdom · Age 51
African Developements Ltd , Unit 3, Upton Road, Poole, BH17 7AF
Notified 17/05/2024
CompanyRankvs 39791+ SIC 41100 peers49
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£381k
Working capital
Current Assets
£28k
Current Liabilities
£409k
Fixed Assets
£388k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | +£0 |
| 2025 | 0.07 | — |
Derived from filed accounts. Not audited figures.