SUMMIT TRADE AND DEVELOPMENT LTD

Company number 10519840 · Active (Active - Proposal to Strike off)

SUMMIT TRADE AND DEVELOPMENT LTD is a private limited company registered in CARDIFF, United Kingdom, incorporated on 12 Dec 2016. Its registered activity is development of building projects. Its latest published accounts for the period ending 31 Dec 2023 show equity of £4.3m, total assets of £4.4m. It has filed 5 sets of accounts, 5 of them after the deadline. Our model estimates a 0.07 % probability that it becomes insolvent within 12 months, 0.6 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.07 %
Low risk
Lowest riskHighest risk

Higher than 92 % of active companies in the United Kingdom. 0.6× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Total assets (log)3.1×≥ 6.05274 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent

Lowers the risk

Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % 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
10519840 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
12 Dec 2016 (10 years)
Registered address
CF14 8LH CARDIFF
Postcode area
Cardiff
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 Dec 202315 Nov 2024– –£4.3m£4.4m £158k£1.4m13
31 Dec 202215 Jul 2024– –£3.7m£3.9m £245k£954k13
31 Dec 202115 Apr 2023– –£3.3m£3.7m £362k£735k14
31 Dec 202015 Jul 2022– –£2,409£30k £7,999–1
31 Dec 201915 Jul 2022– –£1,329£2,390 £1,061–1

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

Similar companies in Cardiff

Questions about SUMMIT TRADE AND DEVELOPMENT LTD

What is the company number of SUMMIT TRADE AND DEVELOPMENT LTD?

SUMMIT TRADE AND DEVELOPMENT LTD is registered under company number 10519840 in the official register of United Kingdom. View it at the official register.

Is SUMMIT TRADE AND DEVELOPMENT LTD still active?

Yes. SUMMIT TRADE AND DEVELOPMENT LTD is registered as active (status: Active - Proposal to Strike off).

Has SUMMIT TRADE AND DEVELOPMENT LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for SUMMIT TRADE AND DEVELOPMENT LTD in the official data.

How likely is SUMMIT TRADE AND DEVELOPMENT LTD to become insolvent?

Our model estimates a 0.07 % probability that SUMMIT TRADE AND DEVELOPMENT LTD becomes insolvent within the next 12 months (low risk). That is higher than 92 % of active companies in the United Kingdom.

When was SUMMIT TRADE AND DEVELOPMENT LTD founded?

SUMMIT TRADE AND DEVELOPMENT LTD was incorporated on 12 Dec 2016.

Where is SUMMIT TRADE AND DEVELOPMENT LTD registered?

SUMMIT TRADE AND DEVELOPMENT LTD's registered address is in CF14 8LH CARDIFF (Cardiff), United Kingdom.

What do the latest accounts of SUMMIT TRADE AND DEVELOPMENT LTD show?

The latest published accounts (period ending 31 Dec 2023) show equity of £4.3m, total assets of £4.4m, 13 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.