Company Overview
Pierse City Developments Limited is a Receiver Action Private Limited Company. The company was incorporated on Friday 01 November 2002, so this is a well established company. Pierse City Developments Limited has been in business for 23 years and 5 months. The accounts status is full and the accounts are next due on Monday 31 January 2011.
Registered Address

106 Tower Building, 22 Water Street, Liverpool, L3 1BA
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Companies House Data
Company NamePIERSE CITY DEVELOPMENTS LIMITED
Company Number04579481
Registered Office Address106 Tower Building
 22 Water Street
 L3 1BA
Company CategoryPrivate Limited Company
Company StatusReceiver Action
Country of OriginUnited Kingdom
Incorporation Date01/11/2002
Accounting Reference Date Day30
Accounting Reference Date Month4
Accounts Next Due Date31/01/2011
Accounts Last Made Up Date30/04/2009
Accounts Account CategoryFULL
Returns Next Due Date29/11/2010
Returns Last Made Up Date01/11/2009
Directors & Members
Show Resigned
Fearghal O'nolan - Director
(Irish, 67 years old, born October 1959)
Appointed 14 July 2006
Active
Norbert O'reilly - Director
(Irish, 73 years old, born May 1953)
Appointed 02 May 2003
Active
Secretaries
Show Resigned
Fearghal O Nolan - Secretary
(Irish)
Appointed 02 May 2003
Active
Balance Sheet Unlock full report
Accounts Date 30-Apr-2009 30-Apr-2008 30-Apr-2007
Balance Sheet
Fixed Assets 14,883,601 14,839,639 6,500,000
Current Assets 752,066 396,288 8,921,851
Creditors Due Within One Year 10,759,494 7,161,269 10,550,232
Working Cap -10,007,428 -6,764,981 -1,628,381
Total Assets Less Current Liabilities 4,876,173 8,074,658 4,871,619
Long-term Liabilities 8,600,000 8,600,000 5,000,000
Net Assets -3,723,827 -525,342 -128,381
Share Capital & Reserves
Share Cap 2 2 2
Profit & Loss Reserves -3,723,829 -525,344 -128,383
Other Reserves 0 0 0
Shareholders Funds -3,723,827 -525,342 -128,381
Common Size Financial Analysis Unlock full report
Accounts Date 30-Apr-2009 30-Apr-2008 30-Apr-2007
Tangible Fixed Assets - - -
Fixed Assets 95.2% 97.4% 42.1%
Stocks Inventory 0.0% 0.0% 54.2%
Debtors 3.1% 2.1% 2.6%
Cash Bank In Hand 1.7% 0.5% 1.0%
Current Assets 4.8% 2.6% 57.9%
Creditors Due Within One Year 68.8% 47.0% 68.4%
Net Current Assets Liabilities -64.0% -44.4% -10.6%
Creditors Due After One Year 55.0% 56.4% 32.4%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -23.8% -3.4% -0.8%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve -23.8% -3.4% -0.8%
Shareholder Funds -23.8% -3.4% -0.8%
Capital Employed - - -
Total Assets Less Current Liabilities 31.2% 53.0% 31.6%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Apr-2009 30-Apr-2008 30-Apr-2007
Liquidity Ratio 0.1 0.1 0.8
Solvency Ratio 0.8 1.0 1.0
Reserves to Assets -0.2 0.0 0.0
Secured Creditors Unlock full report
Mortgages Charges 8
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 30-Apr-2009 30-Apr-2008 30-Apr-2007
Assets 15,635,667 15,235,927 15,421,851
Debt 19,359,494 15,761,269 15,550,232
Net Assets/Debt -3,723,827 -525,342 -128,381
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 has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Receiver Action.

Unlock 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 has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Receiver Action.  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 has some deficiency. The balance sheet net assets figure is negative. 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. Information provided by Companies House shows Receiver Action.

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 L3 1BA
PIERSE DEVELOPMENTS LIMITED
106 Tower Building, 22 Water Street, Liverpool, L3 1BA
LIVERPOOL SAILORS' HOME TRUST
Unit 19 2nd Floor, Tower Building, 22 Water Street Liverpool, Merseyside, L3 1BA
Document Filings
Notice of appointment of receiver or manager
Notice of appointment of receiver or manager
Compulsory strike-off action has been discontinued
Annual return made up to 1 November 2009 with full list of shareholders
Registered office address changed from 106 Tower Building 22 Water Street Liverpool L3 1BA England on 19 March 2010
Registered office address changed from Post Box 106 Tower Building 22 Water Street Liverpool L31 Ba on 18 March 2010
Director's details changed for Mr Fearghal O'nolan on 1 November 2009
Director's details changed for Norbert O'reilly on 1 November 2009
First Gazette notice for compulsory strike-off
Registered office changed on 18/05/2009 from, lighterage yard, chester way, northwich, cheshire, CW9 5JJ
Declaration of satisfaction in full or in part of a mortgage or charge /full /charge no 5
Declaration of satisfaction in full or in part of a mortgage or charge /full /charge no 4
Declaration of satisfaction in full or in part of a mortgage or charge /full /charge no 3
Declaration of satisfaction in full or in part of a mortgage or charge /full /charge no 2
Declaration of satisfaction in full or in part of a mortgage or charge /full /charge no 1
Resolutions
Return made up to 01/11/08; full list of members
Appointment terminated director brendan sheridan
Return made up to 01/11/07; no change of members
Return made up to 01/11/06; full list of members
Particulars of mortgage/charge

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