# MARDAN DEVELOPMENT (BEDS) LIMITED (14549988)

> MARDAN DEVELOPMENT (BEDS) LIMITED is an active private limited company (company number 14549988) incorporated on 19 December 2022, registered in Hitchin. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 31 December 2025, showing net assets of −£37k and cash of £4,752, with 2 employees on average. Net assets fell 99% on the prior period (−£19k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2022-12-19
- Registered office: Hitchin, SG5 1DJ
- SIC 41100: Development of building projects
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-01-02
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 1,026 comparable companies in Hertfordshire (median £598, upper quartile £67k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | −£37k | £4,752 | £1,047 | — | — | — | 2 |
| 2024-12-31 | −£19k | £319 | £291k | — | — | — | 2 |
| 2023-12-31 | −£5,035 | £68k | £53k | — | — | — | 2 |

net assets trend falling; size band micro.

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

- Net assets below zero: Net assets £-37,163 at 31 December 2025
- Net assets down 25% or more on the prior period: -99.4% vs prior period
- Three or more accounting periods on record: 3 periods on record
- Incorporated two to five years ago: Incorporated 19 December 2022

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

## Persons with significant control

- Mr Daniel Brian Grinstead — owns 25–50% of shares; holds 25–50% of voting rights, since 2022-12-19
- Mr Mark James Grinstead — owns 25–50% of shares; holds 25–50% of voting rights, since 2022-12-19

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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/14549988
HTML: https://firmoscan.com/company/14549988-mardan-development-beds-limited