Medway Development Company (land And Projects) Ltd
MEDWAY DEVELOPMENT COMPANY (LAND AND PROJECTS) LTD·Company no. 12995131·United Kingdom
The Firmwatch take
Medway Development Company (land And Projects) Ltd (12995131) currently shows: At risk signal detected, based on accounts to 31 March 2025; last refreshed 24 May 2026. Net liabilities of £11m — assets do not cover obligations.
Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
4 November 2020
5 years on the register
Sector
Construction of domestic buildings
SIC 41202
Size
Not classified
Net assets
−£11m
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Money
What the balance sheet says
Net assets
−£11m
Bottom 10% in sector · sector median £2k · 107,423 filers in this sector
Cash
Not disclosed
Working cap.
£49m
Median £4k
Current ratio
3.1×
Median 1.2×
Signals · 1
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Sector benchmark · Construction Main Contractors
How this company compares in 107,423 filers in this sector
Bottom 10% in sector — Medway Development Company (land And Projects) Ltd shows −£11m in net assets. Sector median is £2k.
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.
People
Who runs this company
- SR
STEVENS, Richard Austin
director · since 2024
Registered office
Address intelligence
6 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · ME4 4TX
6 other UK companies registered here — all still trading.
Active
6
Dissolved
0
Strike-off action
0
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.