SHANNIC ONE CONSTRUCTION LTD

Company number 10434795 · Active (Active - Proposal to Strike off)

SHANNIC ONE CONSTRUCTION LTD is a private limited company registered in ILFRACOMBE, United Kingdom, incorporated on 19 Oct 2016. Its registered activity is development of building projects. Its latest published accounts for the period ending 31 Oct 2021 show equity of £33k, total assets of £33k, turnover of £0, a result of £0. It has filed 3 sets of accounts. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.2 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 87 % of active companies in the United Kingdom. 0.2× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Return on assets2.3×-0.0567532–0.0288065 · 0.27 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent
Accounts type1.9×with p&l · 0.22 % became insolvent

Lowers the risk

Turnover (log)0.2×0–3.94176 · 0.02 % became insolvent
Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Filing delay of last accounts (days)0.5×< 76 · 0.05 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
10434795 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
19 Oct 2016 (10 years)
Registered address
EX34 0LZ ILFRACOMBE
Postcode area
Exeter
Activity
41100 Development of building projects
Industry
Construction of buildings
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202115 Nov 2021£0 £0£33k£33k £0–1
31 Oct 202015 Nov 2020£0 −£12k£34k£34k £0–1
31 Oct 201915 Apr 2020£50k £22k£46k£46k £0–1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Exeter

Questions about SHANNIC ONE CONSTRUCTION LTD

What is the company number of SHANNIC ONE CONSTRUCTION LTD?

SHANNIC ONE CONSTRUCTION LTD is registered under company number 10434795 in the official register of United Kingdom. View it at the official register.

Is SHANNIC ONE CONSTRUCTION LTD still active?

Yes. SHANNIC ONE CONSTRUCTION LTD is registered as active (status: Active - Proposal to Strike off).

Has SHANNIC ONE CONSTRUCTION LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for SHANNIC ONE CONSTRUCTION LTD in the official data.

How likely is SHANNIC ONE CONSTRUCTION LTD to become insolvent?

Our model estimates a 0.03 % probability that SHANNIC ONE CONSTRUCTION LTD becomes insolvent within the next 12 months (low risk). That is higher than 87 % of active companies in the United Kingdom.

When was SHANNIC ONE CONSTRUCTION LTD founded?

SHANNIC ONE CONSTRUCTION LTD was incorporated on 19 Oct 2016.

Where is SHANNIC ONE CONSTRUCTION LTD registered?

SHANNIC ONE CONSTRUCTION LTD's registered address is in EX34 0LZ ILFRACOMBE (Exeter), United Kingdom.

What do the latest accounts of SHANNIC ONE CONSTRUCTION LTD show?

The latest published accounts (period ending 31 Oct 2021) show equity of £33k, total assets of £33k, turnover of £0, a result of £0, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.