{"name":"SHETLAND CONSTRUCTION & DEVELOPMENTS LIMITED","company_number":"SC371995","status":"Active","type":"Private Limited Company","incorporated":"2010-01-29","dissolved":null,"registered_office":"5 Anderson Road, Lerwick, Shetland, Scotland, ZE1 0HP","postcode":"ZE1 0HP","sic_codes":[{"code":41202,"description":"Construction of domestic buildings"},{"code":43390,"description":"Other building completion and finishing"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 January","last_made_up_to":"2026-01-31","next_due":"2027-10-31"},"employees":{"count":8,"accounts_date":"2025-01-31"},"financials":[{"financial_date":"2025-01-31","net_assets":393850,"cash":305808,"average_employees":8},{"financial_date":"2024-01-31","net_assets":187867,"cash":311329,"average_employees":11},{"financial_date":"2023-01-31","net_assets":144419,"cash":197808},{"financial_date":"2022-01-31","net_assets":177224,"cash":140138},{"financial_date":"2021-01-31","net_assets":137523,"cash":84711}],"officers":{"current":1,"resigned":4,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Shetland Construction & Developments Limited is in excellent financial health, earning an A- grade: equity has grown more than tenfold in nine years to £393,850, the latest year delivered an estimated ~£206,000 retained profit, and the company holds £305,808 in cash against negligible debt of just £14,766. The main watch items are £270,000 now tied up in work-in-progress and trade debtors, an aging equipment base that received no reinvestment in the latest year, and the sector's demonstrated cyclicality following a loss in FY2023. With strong liquidity and a debt-free structure, the prognosis is very favourable, provided the company converts its expanded contract activity back into cash and plans timely equipment replacement.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/shetland-construction-developments-2","people":"https://www.companiesintheuk.co.uk/company/shetland-construction-developments-2/people","filing_history":"https://www.companiesintheuk.co.uk/company/shetland-construction-developments-2/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/SC371995","financials":"https://www.companiesintheuk.co.uk/company/shetland-construction-developments-2/financial","control":"https://www.companiesintheuk.co.uk/company/shetland-construction-developments-2/control","charges":"https://www.companiesintheuk.co.uk/company/shetland-construction-developments-2/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/shetland-construction-developments-2/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/shetland-construction-developments-2"}