Company Overview
Develrx Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 03 June 2019. Develrx Limited has been in business for 6 years and 9 months. The accounts status is micro entity and the accounts are next due on Wednesday 31 December 2025.
Registered Address

17 Queens Lane, Newcastle Upon Tyne, Tyne And Wear, NE1 1RN
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Companies House Data
Company NameDEVELRX LIMITED
Company Number12028847
Registered Office Address17 Queens Lane
 NE1 1RN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date03/06/2019
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date01/07/2020
Directors & Members
David Heal - Director
(British, 76 years old, born May 1950)
Appointed 03 June 2019
 Active
Sharon Smith - Director
(British, 68 years old, born August 1958)
Appointed 29 October 2019
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
David Heal
ELYSIAN FUELS 34 LLP
ELYSIAN FUELS 4 LLP
ELYSIAN FUELS 8 LLP
FUTURE FUELS NO.1 LLP
RENASCI CONSULTANCY LIMITED
RENASCI LIMITED
Sharon Smith
ELYSIAN FUELS 34 LLP
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 7,086 7,086 5,329
Current Assets 648,292 648,292 451,300
Creditors Due Within One Year 201,651 201,651 239,073
Working Cap 446,641 446,641 212,227
Total Assets Less Current Liabilities 453,727 453,727 217,556
Long-term Liabilities 0 0 0
Net Assets 453,727 453,727 217,556
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 453,727 453,727 217,556
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 1.1% 1.1% 1.2%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 98.9% 98.9% 98.8%
Creditors Due Within One Year 30.8% 30.8% 52.4%
Net Current Assets Liabilities 68.2% 68.2% 46.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 69.2% 69.2% 47.6%
Capital Employed - - -
Total Assets Less Current Liabilities 69.2% 69.2% 47.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Liquidity Ratio 3.2 3.2 1.9
Solvency Ratio 3.3 3.3 1.9
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Assets 655,378 655,378 456,629
Debt 201,651 201,651 239,073
Net Assets/Debt 453,727 453,727 217,556

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around NE1 1RN
No other companies found in the same location
Document Filings
Director's details changed for Dr Sharon Lesley Smith on 21 January 2026
Director's details changed for Dr Sharon Lesley Smith on 21 January 2026
Change of details for Dr David John Heal as a person with significant control on 21 January 2026
Director's details changed for Dr David John Heal on 21 January 2026
Change of details for Dr David John Heal as a person with significant control on 21 January 2026
Director's details changed for Dr David John Heal on 21 January 2026
Confirmation statement made on 2 June 2025 with no updates
Confirmation statement made on 2 June 2024 with no updates
Confirmation statement made on 2 June 2023 with no updates
Confirmation statement made on 2 June 2022 with no updates
Confirmation statement made on 2 June 2021 with updates
Current accounting period shortened from 30 June 2021 to 31 March 2021
Resolutions
Statement of capital following an allotment of shares on 15 June 2020
Memorandum and Articles of Association
Confirmation statement made on 2 June 2020 with updates
Appointment of Dr Sharon Lesley Smith as a director on 29 October 2019
Registered office address changed from Coburg House 1 Coburg Street Gateshead Tyne & Wear NE8 1NS United Kingdom to 17 Queens Lane Newcastle upon Tyne Tyne and Wear NE1 1RN on 8 January 2020
Incorporation
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