C B PASSMORE DEVELOPMENTS LTD

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Executive Summary

C B Passmore Developments Ltd is a start-up construction company with significant financial weaknesses including negative net assets and working capital deficit, and high reliance on borrowings. The company’s current liquidity and financial position do not support credit approval. Close monitoring of cash flow and balance sheet developments is recommended should the company seek credit in the future.

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Mortgages and charges registered against this company

National Westminster Bank PLC Trading as Ulster Bank

Registration Date
20 March 2024
Charge number
2
Status
fully-satisfied
Description
Folio DN258952 being a plot of land adjacent to 88 annacloy road downpatrick county down and now known as 88A annercloy road downpatrick county down BT30 9AJ.
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