The Firmwatch take
Blackley Developments Limited (09811581) currently shows: At risk signal detected, based on accounts to 30 September 2024; last refreshed 24 May 2026. Net liabilities of £2.4m — assets do not cover obligations.
Companies House source·Accounts to 30 Sept 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
1 public risk event on file
Incorporated
6 October 2015
10 years on the register
Sector
Buying and selling of own real estate
SIC 68100
Size
Not classified
Net assets
−£2.4m
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
−£2.4m
Bottom 10% in sector · sector median £1k · 248,722 filers in this sector
Cash
Not disclosed
Working cap.
−£2.4m
Median £0
Current ratio
0.0×
Median 0.5×
Signals · 4
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · M12 6AE
2,826 other UK companies are registered at this postcode — a high-volume registered-office service. Treat as a flag, not a verdict.
Active
2,479
Dissolved
87
Strike-off action
249
Sector benchmark · Real Estate
How this company compares in 248,722 filers in this sector
Bottom 10% in sector — Blackley Developments Limited shows −£2.4m in net assets. Sector median is £1k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Risk events · monitored daily
1 event on the watchtower
- 29 Sept 2025
First gazette notice
London Gazette
Get alerted on any new event
If a new Gazette notice, insolvency filing or court order is published for Blackley Developments Limited, we'll email you once.
Recent activity
Filings and risk events
- 29 Sept 2025First gazette notice
People
Who runs this company
- LM
LAGAN, Michael Anthony
director · since 2021
Registered office
Address intelligence
2,826 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.