Company Overview
Shannon Development Company Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 07 February 1983, so this is a well established company. Shannon Development Company Limited has been in business for 43 years and 1 month. The accounts status is total exemption full and the accounts are next due on Monday 31 May 2027.
Registered Address

4 Frederick Terrace, Frederick Place, Brighton, East Sussex, BN1 1AX
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Companies House Data
Company NameSHANNON DEVELOPMENT COMPANY LIMITED
Company Number01697319
Registered Office Address4 Frederick Terrace
 Frederick Place
 BN1 1AX
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date07/02/1983
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2027
Accounts Last Made Up Date31/08/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/05/2017
Returns Last Made Up Date29/04/2016
Directors & Members
Show Resigned
Irene Shannon - Director
(British, 80 years old, born March 1946)
Daniel Shannon - Director
(British, 78 years old, born January 1948)
Secretaries
Show Resigned
Daniel Shannon - Secretary
(British)
Appointed 01 November 1996
 Active
Other Company Directorships
Irene Shannon
ESPLANADE COURT, WORTHING RTM COMPANY LIMITED
SHANNONS LIMITED
Daniel Shannon
ESPLANADE COURT WORTHING LIMITED
G JORDAN LIMITED
SHANNONS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Aug-2025 31-Aug-2022 31-Aug-2021
Balance Sheet
Fixed Assets 2,147,750 2,147,750 1,952,500
Current Assets 593,921 593,921 533,204
Creditors Due Within One Year 838,583 838,583 856,813
Working Cap -244,662 -244,662 -323,609
Total Assets Less Current Liabilities 1,903,088 1,903,088 1,628,891
Long-term Liabilities 152,210 152,210 115,112
Net Assets 1,750,878 1,750,878 1,513,779
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,750,878 1,750,878 1,513,779
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2025 31-Aug-2022 31-Aug-2021
Tangible Fixed Assets - - -
Fixed Assets 78.3% 78.3% 78.5%
Stocks Inventory - - -
Debtors 0.2% 0.2% 0.2%
Cash Bank In Hand 13.4% 13.4% 13.7%
Current Assets 21.7% 21.7% 21.5%
Creditors Due Within One Year 30.6% 30.6% 34.5%
Net Current Assets Liabilities -8.9% -8.9% -13.0%
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 63.9% 63.9% 60.9%
Capital Employed - - -
Total Assets Less Current Liabilities 69.4% 69.4% 65.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2025 31-Aug-2022 31-Aug-2021
Liquidity Ratio 0.7 0.7 0.6
Solvency Ratio 2.8 2.8 2.6
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-Aug-2025 31-Aug-2022 31-Aug-2021
Assets 2,741,671 2,741,671 2,485,704
Debt 990,793 990,793 971,925
Net Assets/Debt 1,750,878 1,750,878 1,513,779

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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 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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. 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.

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
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JULIE SHANNON DESIGN LIMITED
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FUTURE1 SYSTEMS LIMITED
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WHIRLIGIG TOYS LIMITED
4 Frederick Terrace, Frederick Place, Brighton, BN1 1AX
LYS DEVELOPMENTS LIMITED
4 Frederick Terrace, Frederick Place, Brighton, East Sussex, BN1 1AX
21ST CENTURY CARPENTRY BUILDING SERVICES LIMITED
4 Frederick Terrace, Frederick Place, Brighton, East Sussex, BN1 1AX
Document Filings
Registered office address changed from 4 Frederick Terrace Frederick Place Brighton East Sussex BN1 1AX to 15 West Street Brighton BN1 2RL on 3 July 2025
Director's details changed for Mr Daniel Francis Shannon on 3 July 2025
Director's details changed for Mrs Irene Mary Shannon on 3 July 2025
Secretary's details changed for Mr Daniel Francis Shannon on 3 July 2025
Change of details for Irene Mary Shannon as a person with significant control on 3 July 2025
Change of details for Daniel Francis Shannon as a person with significant control on 3 July 2025
Confirmation statement made on 29 April 2025 with no updates
Confirmation statement made on 29 April 2024 with updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 29 April 2023 with no updates
Confirmation statement made on 29 April 2022 with updates
Confirmation statement made on 29 April 2021 with no updates
Confirmation statement made on 29 April 2020 with no updates
Confirmation statement made on 29 April 2019 with no updates
Confirmation statement made on 29 April 2018 with no updates
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