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Main Developments Ltd

03204291

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

CROWN HOUSE, PARK ROYAL, NW10 7PN
Incorporated 28/05/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Rahim Virani

director · Since 19/01/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 59 other boards

Paul Malcolm Davis

secretary · Since 30/11/2014

BRITISH

Mr Karim Virani

director · Since 03/10/2018

SOLICITOR

BRITISH · ENGLAND · Age 45

Also on 57 other boards

Persons with Significant Control

Cygnet Properties & Leisure Plc

75–100% shares

Crown House, North Circular Road, London, NW10 7PN

Reg: 03325149 · England · Plc

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

PUNJAB NATIONAL BANK (LNTERNATIONAL) LIMITED

Created 29/01/2020Registered 06/02/2020
Charge
outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 29/01/2020Registered 06/02/2020
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 18/01/2008Registered 22/01/2008Satisfied 05/02/2020
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 18/01/2008Registered 22/01/2008Satisfied 05/02/2020
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 19/06/1998Registered 24/06/1998Satisfied 05/02/2020
charge
satisfied

LONDON CITY AND WESTCLIFF PROPERTIES LIMITED

Created 20/05/1997Registered 29/05/1997Satisfied 27/03/2001

CompanyRankvs 479+ SIC 68209 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.55× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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479Main Developments Ltd
90
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

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 31/03/2025

Net Worth

£18.7M

Balance sheet strength

Cash

£174k

Cash in the bank

Net Current Assets

£4.3M

Working capital

Current Assets

£5.3M

Current Liabilities

£955k

Fixed Assets

£17.4M

Debtors

£5.1M

5avg. employees-1

Balance Sheet

Assets less current liabilities£21.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.55+£509k
20244.58+£440k
20234.96+£506k
20224.01-£130k
20213.22—

Derived from filed accounts. Not audited figures.