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Priory Way Developments Ltd.

02928968

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

THE SIGHT & SOUND CENTRE, SOUTHALL, UB2 5EB
Incorporated 13/05/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Mr Kuljit Singh Bhamra

director · Since 13/05/1994

MUSIC PRODUCER

BRITISH · UNITED KINGDOM · Age 67

Also on 4 other boards

Rupinder Kaur Bhamra

secretary · Since 01/04/2004

BRITISH · Age 39

Persons with Significant Control

Mr Kuljit Singh Bhamra

75–100% shares

British · United Kingdom · Age 67

10, The Sight & Sound Centre, Southall, UB2 5EB

Notified 13/05/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

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charge
satisfied

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Created 29/08/2000Registered 05/09/2000Satisfied 12/05/2017
charge
satisfied

UCB BANK PLC

Created 28/02/1995Registered 04/03/1995Satisfied 18/06/2001

CompanyRankvs 548+ SIC 59200 peers
80

Financial strength90th percentile among SIC peers · 23/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.48× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£71k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£52k

Working capital

Current Assets

£73k

Current Liabilities

£21k

Fixed Assets

£63k

1avg. employees

Balance Sheet

Assets less current liabilities£115k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.48-£6k
20233.36+£21k
20222.88+£21k
20210.39-£20k
20201.53+£401
20191.15-£919
20180.67

Derived from filed accounts. Not audited figures.