# ALTERNATIVE DEVELOPMENT FINANCE LIMITED (13578080)

> ALTERNATIVE DEVELOPMENT FINANCE LIMITED is an active private limited company (company number 13578080) incorporated on 23 August 2021, registered in Borehamwood. Its registered activity is financial intermediation not elsewhere classified (SIC 64999). Latest full accounts cover the period ending 30 September 2025, showing net assets of −£1.63m and cash of £1.01m, with 0 employees on average. Net assets fell 702% on the prior period (£271k).

- Status: Active
- Incorporated: 2021-08-23
- Registered office: Borehamwood, WD6 1JN
- SIC 64999: Financial intermediation not elsewhere classified
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-09-06
- Accounts type: FULL

By net assets it sits in the bottom quarter of 1,892 comparable companies in Greater London (median £7,424, upper quartile £72k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | −£1.63m | £1.01m | £13.60m | £16.22m | — | −£1.90m | 0 |
| 2024-09-30 | £271k | £174k | £21.48m | £1.07m | — | £527k | 0 |

current ratio 0.9; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-1,629,024 at 30 September 2025
- Net assets down 25% or more on the prior period: -701.7% vs prior period
- Current assets below creditors within one year: Current ratio 0.9
- Cash at bank of £50,000 or more: Cash £1,010,100
- Incorporated five or more years ago: Incorporated 23 August 2021

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Alternative Bridging Corporation Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights, since 2021-08-23

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/13578080
HTML: https://firmoscan.com/company/13578080-alternative-development-finance-limited