APL CONSTRUCTION SERVICES LTD

Company number 09113367 ·

Liquidation

Executive summary

APL Construction Services Ltd is in liquidation, rendering its financial health assessment terminal despite apparent improvement in its 2023 accounts. The company's history reveals chronic undercapitalisation with negligible equity throughout most of its trading life, dangerous concentration in work-in-progress (£541,318 representing 63.6% of current assets), and excessive leverage with a debt-to-equity ratio of 8.44:1. The apparent growth in 2023 was likely a catalyst for failure rather than recovery, as rapid expansion financed by trade creditors ultimately proved unsustainable. Creditors should register claims with the liquidator and expect significant write-downs on work-in-progress.

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Shareholders' funds

£94,760

Balance sheet as at 2023-07-31

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Overview

Company type
Private Limited Company
Incorporated
2014-07-02
Registered office
683-693 Wilmslow Road, Didsbury, Manchester, M20 6RE
Postcode
M20 6RE
Capital
102 GBP
Accounts category
Total Exemption Full

Accounts

Last made up to
2023-07-31
Next due by
2025-04-30
Financial year end
31 July

Confirmation statement

Last statement dated
2024-01-30
Next due by
2025-02-13
View filing history →

Nature of business (SIC)

  • 41201 Construction of commercial buildings
  • 41202 Construction of domestic buildings
  • 74902 Quantity surveying activities

Officers 1 current · 1 resigned

Appointed 2016-03-31

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Previous company names

NameDate changed
PDQ SOUTHERN LTD2021-10-04

Previous registered addresses 5

AddressChanged on
C/O THE ACCOUNTANCY PRACTICE LTD, 10 CHURCHILL SQUARE, KINGS HILL, WEST MALLING, KENT, ME19 4YU, UNITED KINGDOM2020-05-18
C/O THE ACCOUNTANCY PRACTICE LTD, 10 CHURCHILL SQUARE, KINGS HILL, WEST MALLING, KENT, ME19 5YU, UNITED KINGDOM2016-04-27
21 CLARENCE WAY, KINGS HILL, WEST MALLING, KENT, ME19 4QT, ENGLAND2016-03-31
REGUS HOUSE VICTORY WAY, ADMIRAL'S PARK, DARTFORD, DA2 6QD2016-01-31
22 KELSO DRIVE, GRAVESEND, DA12 4NR, ENGLAND2014-07-28

The class of 2014

35%

of the 1,642 companies in this sector incorporated in 2014 are still active today; 56% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

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