PADDA DEVELOPMENT (WALES) LTD

Company number 10750658 · Active

PADDA DEVELOPMENT (WALES) LTD is a private limited company registered in LLANELLI, United Kingdom, incorporated on 3 May 2017. Its registered activity is development of building projects. Its latest published accounts for the period ending 30 Sep 2025 show equity of −£61k, total assets of £89k. It has filed 6 sets of accounts, 2 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Accounts overdue0.8×0 · 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
10750658 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
3 May 2017 (10 years)
Registered address
SA14 9BT LLANELLI
Postcode area
Swansea
Activity
41100 Development of building projects
Industry
Construction of buildings
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Sep 202516 Sep 2026– –−£61k£89k £76k£2,6503
31 Mar 202415 Dec 2024– –£48k£259k £3,202–3
31 Mar 202315 Dec 2023– –−£82k£526k £52k£254k3
31 Mar 202215 Dec 2022– –−£40k£601k £640k£493k3
31 Mar 202115 Dec 2021– –−£8,092£997k £1.0m£861k3
31 May 202015 May 2021– –−£3,320£15k £18k£6,4673

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

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Questions about PADDA DEVELOPMENT (WALES) LTD

What is the company number of PADDA DEVELOPMENT (WALES) LTD?

PADDA DEVELOPMENT (WALES) LTD is registered under company number 10750658 in the official register of United Kingdom. View it at the official register.

Is PADDA DEVELOPMENT (WALES) LTD still active?

Yes. PADDA DEVELOPMENT (WALES) LTD is registered as active (status: Active).

Has PADDA DEVELOPMENT (WALES) LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PADDA DEVELOPMENT (WALES) LTD in the official data.

How likely is PADDA DEVELOPMENT (WALES) LTD to become insolvent?

Our model estimates a 0.01 % probability that PADDA DEVELOPMENT (WALES) LTD becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was PADDA DEVELOPMENT (WALES) LTD founded?

PADDA DEVELOPMENT (WALES) LTD was incorporated on 3 May 2017.

Where is PADDA DEVELOPMENT (WALES) LTD registered?

PADDA DEVELOPMENT (WALES) LTD's registered address is in SA14 9BT LLANELLI (Swansea), United Kingdom.

What do the latest accounts of PADDA DEVELOPMENT (WALES) LTD show?

The latest published accounts (period ending 30 Sep 2025) show equity of −£61k, total assets of £89k, 3 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.