The Firmwatch take
Finnart Developments Ltd (14112619) currently shows: Watch signal detected, based on accounts to 31 May 2025; last refreshed 24 May 2026. Current ratio below 1.0 — extracted from the latest filed accounts.
Companies House source·Accounts to 31 May 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Pulse · Net assets, 2024–2025
↗ £22kIncorporated
17 May 2022
4 years on the register
Sector
Development of building projects
SIC 41100
Size
Not classified
Net assets
£49k
Top 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.
Weak current ratio
Current assets are less than 75% of current liabilities.
Sector benchmark · Construction Main Contractors
How this company compares in 107,423 filers in this sector
Top 10% in sector — Finnart Developments Ltd shows £49k 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.
Money
What the balance sheet says
Net assets
£49k
Top 10% in sector · sector median £2k · 107,423 filers in this sector
Cash
Not disclosed
Working cap.
£49k
Median £4k
Current ratio
0.5×
Median 1.2×
Signals · 2
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
People
Who runs this company
- HD
HARTE, Derek Mark
director · since 2022
Registered office
Address intelligence
7 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · N1 8BS
7 other UK companies registered here — all still trading.
Active
7
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.