M2 Developments Ltd
15792130
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/06/2024
STRUCTURAL ENGINEER
BRITISH · WALES · Age 55
Also on 2 other boards
director · Since 21/06/2024
CIVIL ENGINEER
BRITISH · UNITED KINGDOM · Age 51
Also on 1 other board
Persons with Significant Control
Jmm Limited
Grays (Consulting Engineers) Ltd, 11-13 Penhill Road, Pontcanna, CF11 9PQ
Reg: 11949458 · Companies House · Limited Company
Notified 21/06/2024
Charges1 outstanding
CHL MORTGAGES FOR INTERMEDIARIES LIMITED
CORNERSTONE CAPITAL FINANCE LIMITED
CompanyRankvs 179958+ SIC 68100 peers20
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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.
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 30/06/2025
Net Worth
-£15k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£18k
Working capital
Current Assets
£324k
Current Liabilities
£342k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.95 |
Derived from filed accounts. Not audited figures.