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New Down Developments Limited

15952263

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

NEW DOWN LANE, WATERLOOVILLE, PO7 5SE
Incorporated 12/09/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr David Cleeve

director · Since 12/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 6 other boards

Mr Andrew Philip Howe

director · Since 12/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr David Cleeve

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

British · United Kingdom · Age 53

New Down Lane, Waterlooville, PO7 5SE

Notified 12/09/2024

Mr Andrew Philip Howe

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

British · England · Age 53

New Down Lane, Waterlooville, PO7 5SE

Notified 12/09/2024

Former PSCs

Mr Barry Curnow

Ceased 21/11/2024

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 13/06/2025Registered 17/06/2025
Charge
outstanding

LLOYDS BANK PLC

Created 13/06/2025Registered 17/06/2025

CompanyRankvs 71503+ SIC 41100 peers
26

Financial strength11th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.77× · 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 strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 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 30/09/2025

Net Worth

-£24k

Balance sheet strength

Cash

£202k

Cash in the bank

Net Current Assets

£329k

Working capital

Current Assets

£757k

Current Liabilities

£428k

Debtors

£1k

Balance Sheet

Assets less current liabilities£329k
Signed by Mr David Cleeve 9 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.77

Derived from filed accounts. Not audited figures.