Back to search

Parea Developments Limited

16060169

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

9 BRIDGE STREET, PETERBOROUGH, PE8 6XH
Incorporated 04/11/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate

Officers

Mr Kane Andrew Mceachran

director · Since 04/11/2024

DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 3 other boards

Mrs Ruby Mceachran

director · Since 03/06/2025

DIRECTOR

BRITISH · ENGLAND · Age 31

Persons with Significant Control

Adima Holdings Limited

75–100% shares
75–100% votes
Appoint directors

9, Bridge Street, Peterborough, PE8 6XH

Reg: 14949192 · Uk Register Of Companies · Private Company Limited By Shares

Notified 04/11/2024

Charges2 outstanding

Charge
outstanding

LENDHUB LIMITED

Created 27/10/2025Registered 29/10/2025
Charge
outstanding

LENDHUB LIMITED

Created 27/10/2025Registered 29/10/2025

CompanyRankvs 72441+ SIC 41100 peers
25

Financial strength19th percentile among SIC peers · 5/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength5/25 pts

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

Employees7/15 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.

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 30/11/2025

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£542k

Working capital

Current Assets

£542k

Current Liabilities

£543k

1avg. employees

Balance Sheet

Assets less current liabilities£542k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20251.00

Derived from filed accounts. Not audited figures.