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Jlag Developments Ltd

15748723

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

12 ABBEY ROAD, GRIMSBY, DN32 0HL
Incorporated 29/05/2024

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 28/05/2026

Due 11/06/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr James Michael Edward Bayliss

director · Since 29/05/2024

FINANCE

BRITISH · UNITED KINGDOM · Age 45

Also on 9 other boards

Mrs Lucinda Bayliss

director · Since 29/05/2024

LAWYER

BRITISH · UNITED KINGDOM · Age 45

Also on 9 other boards

Persons with Significant Control

Mrs Lucinda Bayliss

25–50% shares
25–50% votes

British · United Kingdom · Age 45

12, Abbey Road, Grimsby, DN32 0HL

Notified 29/05/2024

Mr James Michael Edward Bayliss

25–50% shares
25–50% votes

British · United Kingdom · Age 45

12, Abbey Road, Grimsby, DN32 0HL

Notified 29/05/2024

Charges1 outstanding

Charge
outstanding

INDIGOSCOTT GROUP LIMITED

Created 06/09/2024Registered 12/09/2024
Charge
satisfied

INDIGOSCOTT 510 CHISWICK HIGH ROAD LLP

Created 07/06/2024Registered 13/06/2024Satisfied 12/09/2024

CompanyRankvs 542510+ SIC 68100 peers
37

Financial strength22th percentile among SIC peers · 6/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.08× · 12/20
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 strength6/25 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.

Liquidity12/20 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 28/02/2025

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£496k

Working capital

Current Assets

£6.7M

Current Liabilities

£6.2M

Fixed Assets

£647

2avg. employees

Balance Sheet

Assets less current liabilities£497k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.08

Derived from filed accounts. Not audited figures.