−£271k
vs May 2024Active11665434Private limited companyIlford,
MATRIX DEVELOPMENT - SPV1 LTD
E27/10001
Summary
MATRIX DEVELOPMENT - SPV1 LTD is an active private limited company (company number 11665434) incorporated on 7 November 2018, registered in Ilford,. Its registered activity is buying and selling of own real estate (SIC 68100). Latest small accounts cover the period ending 31 May 2025, showing net assets of −£271k and cash of £2,923, with 1 employee on average. Net assets fell 27% on the prior period (−£213k).
Peer position · net assets
By net assets it sits in the bottom quarter of 27,496 comparable companies in Greater London (median £10, upper quartile £16k).
02
Key dates
- Incorporated
- 7 November 20187 yrs ago
- Next accounts due
- 28 February 2027in 129 days
- Confirmation statement due
- 21 November 2026in 30 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 68100
- Buying and selling of own real estate
- SIC 68209
- Other letting and operating of own or leased real estate
- SIC 68320
- Management of real estate on a fee or contract basis
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£2,923
−77%vs May 2024Not reported
1
No changevs May 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | −£271k | £2,923 | £5,034 | £487k | — | — | 1 |
| 31 May 2024 | −£213k | £13k | £9,348 | £437k | — | — | 1 |
Current ratio0.02Current liabilities exceed current assets
Cash per employee£2,923Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
27 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-271,149 at 2025-05-31 |
| −8 | Net assets falling-27.5% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.02 |
| +8 | EstablishedIncorporated 2018-11-07 (8 years) |
| 27 | Score, grade E |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr David Sterry
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mr Richard Graham-Enock
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 129 days
- Confirmation statement duein 30 days
- Accounts period endNet liabilities £271k · small accounts
- Accounts period endNet liabilities £213k · small accounts
- Incorporated
08
Similar companies in Greater London
- REGENT LAND (SUSSEX ROAD) LTDEpsom · inc. Nov 2018
- BROADWAY 267 LIMITEDSidcup · inc. Nov 2018
- CANDLEMAS HOLDINGS LIMITEDRickmansworth · inc. Nov 2018
- LND REAL ESTATE LTDRickmansworth · inc. Nov 2018
- K2P PROPERTY INVESTMENTS LTDIsleworth · inc. Nov 2018
- K A D FACILITIES LIMITEDErith · inc. Nov 2018
All companies incorporated on 7 November 2018 · in Nov 2018.
09
Reminders for MATRIX DEVELOPMENT - SPV1 LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.