Chahal Development Associates Limited
04269260
Some Concerns
- Current liabilities exceed current assets (-10)
- 14 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/08/2001
DIRECTOR
BRITISH · ENGLAND · Age 69
Also on 1 other board
secretary · Since 26/07/2013
Persons with Significant Control
Mr Joginder Singh Chahal
British · England · Age 69
187 London Road Romford, 187 London Road, Romford, RM7 9DD
Notified 21/04/2016
Charges14 outstanding
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CompanyRankvs 76056+ SIC 68209 peers47
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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 31/03/2025
Net Worth
£497k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£236k
Working capital
Current Assets
£180k
Current Liabilities
£417k
Fixed Assets
£734k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.43 | +£27k |
| 2024 | 0.36 | +£25k |
| 2023 | 0.31 | +£2k |
| 2022 | 0.33 | +£24k |
| 2021 | 0.31 | — |
Derived from filed accounts. Not audited figures.