FINANCE AND DEVELOPMENT CORPORATION LIMITED
Company number 02127254 · Monitor this company
Executive summary
Finance and Development Corporation Limited is a long-established property holding company with a single asset likely worth approximately £582,000, against which sits £497,447 in long-term debt and £18,267 in current liabilities. The company's critical weakness is near-zero liquidity (£5 current assets) and negative working capital, meaning it cannot meet short-term obligations from liquid resources. Net assets have declined 16% over two years, and with 85% gearing and no visible income stream in the filed accounts, any credit facility would require significant security and full rental income verification before approval.
Shareholders' funds
£65,805
Balance sheet as at 2025-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1987-05-01
- Employees
- 0 (2025 accounts)
- Registered office
- Sycamore House, Park Road, Leeds, LS15 9AJ
- Postcode
- LS15 9AJ
- Capital
- 5 GBP
- Accounts category
- Micro
- Charges
- 44 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-08-18
- Next due by
- 2027-09-01
Nature of business (SIC)
- 68209 Other letting and operating of own or leased real estate
Officers 4 current · 8 resigned
Contact details
Previous company names
| Name | Date changed |
|---|---|
| ROUTVENTURE LIMITED | 1987-08-07 |
Previous registered addresses 5
| Address | Changed on |
|---|---|
| C/O DAVID WILES ASSOCIATES, THE COACH HOUSE 7 CARLTON DRIVE, HEATON BRADFORD, BD9 4DL | 2014-12-20 |
| C/O TREVELYAN & COMPANY, PHOENIX HOUSE CHURWELL HILL, ELLAND ROAD LEEDS, WEST YORKSHIRE LS27 7QY | 2000-03-14 |
| 1 VICTORIA COURT, BANK SQUARE MORLEY LEEDS, WEST YORKSHIRE, LS27 9SE | 1995-05-22 |
| 87 QUEENS STREET, MORLEY, LEEDS, LS27 8DX | 1993-12-21 |
| 2 BACHES STREET, LONDON, N1 6EE | 1987-08-16 |
Among its peers
Among the oldest 25%
of 3,654 similar companies in LS, trading since 1987
Competitors Leeds
This company ranks 925 among other letting and operating of own or leased real estate in Leeds.
The class of 1987
79%
of the 918 companies in this sector incorporated in 1987 are still active today; 19% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 2 titles
- Freehold
- 2
- Most recent registration
- 2004-04-01
- Price paid, where recorded
- £215,000
- Where
- West Yorkshire (2)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| WYK388104 | West Yorkshire | Freehold | 2004-04-01 | £95,000 |
| WYK419939 | West Yorkshire | Freehold | 2004-04-01 | £120,000 |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.