Finerain Developments Limited
02725331
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 6 outstanding charges (-10)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 15/06/2025
Due 29/06/2026
Industry
Officers
secretary · Since 22/06/1992
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 87
Also on 57 other boards
director · Since 22/06/1992
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 87
Also on 57 other boards
director · Since 22/06/1992
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 76
Also on 16 other boards
director · Since 05/10/2013
QUANTITY SURVEYOR
BRITISH · ENGLAND · Age 50
Also on 6 other boards
Persons with Significant Control
Mr Alexander James Cosgrove
British · England · Age 50
Cosmur House,, London., SW7 4HS
Notified 01/06/2017
Mr Inder Bir Singh Kathuria
British · England · Age 87
Cosmur House,, London., SW7 4HS
Notified 01/06/2017
Charges6 outstanding
HSBC BANK PLC
HSBC BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
CompanyRankvs 68462+ SIC 68100 peers41
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
-£254k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£254k
Working capital
Current Assets
£784k
Current Liabilities
£1.0M
Debtors
£2k
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.76 | -£23k |
| 2023 | 0.77 | -£25k |
| 2022 | 0.79 | -£15k |
| 2021 | 0.80 | -£7k |
| 2020 | 0.81 | -£3k |
| 2019 | 0.81 | -£361k |
| 2018 | 0.81 | — |
Derived from filed accounts. Not audited figures.