388 DEVELOPMENT LTD
Company number 11789924 · Active · London W8 4DB
388 DEVELOPMENT LTD is an active private limited company (company number 11789924) incorporated on 28 January 2019, registered in London. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 31 March 2025, showing net assets of £284k and cash of £27k, with 1 employee on average. Net assets rose 42% on the prior period (£200k).
By net assets it sits in the top quarter of 12,682 comparable companies in London (median £413, upper quartile £73k).
Key dates
- Incorporated
- 28 January 2019
- Next accounts due
- 31 December 2026 — in 72 days
- Confirmation statement due
- 11 February 2027 — in 114 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 41100
- Development of building projects
- SIC 64991
- Security dealing on own account
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 March 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £284k | £27k | — | £4.16m | — | — | 1 |
| 31 March 2024 | £200k | £5,096 | — | £2.54m | — | — | 1 |
- Current ratio
- 0.01 — current liabilities exceed current assets
- Cash per employee
- £27k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 68/100 (grade B)
- +10 Positive net assets — Net assets £283,836 at 2025-03-31
- +8 Net assets growing — +41.6% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.01
- +8 Established — Incorporated 2019-01-28 (8 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Marc Grant Elman — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 28 January 2019
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in London
Same activity (development of building projects), closest in incorporation date.
- SIMICUS CONSTRUCTION LTD — London, inc. Jan 2019
- WORLD CORE LTD — London, inc. Jan 2019
- MBS PROPERTY CONSULTANCY LTD — London, inc. Jan 2019
- HOBART RETAIL LIMITED — London, inc. Jan 2019
- LONDON SOUTH HIPPODROME LTD — London, inc. Jan 2019
- MAXIMUS CONSTRUCTION LIMITED — London, inc. Jan 2019
Reminders for 388 DEVELOPMENT LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.