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Project Development International Limited

04767497

active
ltd
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

One, St Peter's Square, Manchester, M2 3DE
Incorporated 16/05/2003

Previously known as

Cds Associates Limited · until 11/07/2003

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/05/2026

Due 08/06/2027

On track

Industry

09100
Support activities for petroleum and natural gas extraction

Officers

Tharmapuram Ramachandran Narayanaswamy

director · Since 22/01/2016

Indian · India · Age 49

Sriram Ganeshan

director · Since 18/12/2024

Indian · India · Age 52

Addleshaw Goddard (Scotland) Secretarial Limited

corporate secretary · Since 01/01/2025

Reg: SC131085

Girish Rajkumar Kabra

director · Since 17/07/2025

British · Scotland · Age 47

Michael Stephen Nithavrianakis

director · Since 20/04/2026

British · United Kingdom · Age 59

Oliver Jonathan Kassam

director · Since 20/04/2026

American · United States · Age 55

Former

Swift Incorporations Limited

corporate nominee secretary · Resigned 16/05/2003

Pamela Danhash

director · Resigned 31/07/2003

Nigel Ahmed Danhash

secretary · Resigned 01/08/2003

Miles Brynley Jones

secretary · Resigned 26/08/2003

Maurice Hugh Frayne

director · Resigned 25/09/2009

Craig Robert Stenhouse

director · Resigned 25/09/2009

Rhona Dunnett Frayne

secretary · Resigned 26/05/2010

Nigel Ahmed Danhash

director · Resigned 30/07/2012

Graeme Macdougall

director · Resigned 02/09/2013

Stuart Robert Jackson

director · Resigned 02/09/2013

Miles Brynley Jones

director · Resigned 31/12/2013

Johan Rasmussen

secretary · Resigned 29/09/2014

Michael Anthony De-Rhune

director · Resigned 09/01/2015

Stephen John Preston

director · Resigned 11/06/2015

Matthias Ploch

director · Resigned 29/07/2015

Mark Alfred Preece

director · Resigned 25/09/2015

Stuart Ian Cameron

director · Resigned 25/09/2015

Anthony Richard Tanner

secretary · Resigned 21/12/2015

Johan Rasmussen

director · Resigned 22/01/2016

Mark Alexander Gillespie

director · Resigned 02/12/2016

Donald Macleod

director · Resigned 14/08/2017

Mark Alfred Preece

director · Resigned 23/11/2017

Daniel Joseph Mcgowan

director · Resigned 30/04/2018

Mike Nithavrianakis

director · Resigned 17/09/2018

Ramesh Madhavan

director · Resigned 06/12/2019

Subramanian Rajagopal

director · Resigned 19/03/2021

Michael Noel O'Sullivan

director · Resigned 30/11/2021

James Drummond

director · Resigned 31/01/2024

Pinsent Masons Secretarial Limited

corporate secretary · Resigned 01/01/2025

Stuart James Cochrane

director · Resigned 31/03/2025

Narayanaswamy Ramachandran

director · Resigned 16/04/2026

Persons with Significant Control

Tharmapuram Ramachandran Narayanaswami

75–100% shares
75–100% votes
Appoint directors

Indian · India · Age 49

One, St Peter's Square, Manchester, M2 3DE

Notified 30/09/2021

Former PSCs

Narayanaswamy Ramachandran

Ceased 30/09/2021

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 11/10/2024Registered 22/10/2024
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 09/07/2024Registered 16/07/2024
charge
outstanding

HSBC BANK PLC

Created 09/07/2009Registered 10/07/2009

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line1One
2026-06-09

ONE

post townManchester
2026-06-09

MANCHESTER

officer appointedADDLESHAW GODDARD (SCOTLAND) SECRETARIAL LIMITED
2026-06-09
officer appointedGANESHAN, Sriram
2026-06-09
officer appointedKABRA, Girish Rajkumar
2026-06-09
officer appointedKASSAM, Oliver Jonathan
2026-06-09
officer appointedNARAYANASWAMY, Tharmapuram Ramachandran
2026-06-09
officer appointedNITHAVRIANAKIS, Michael Stephen
2026-06-09

CompanyRankvs 75+ SIC 09100 peers
71

Financial strength62th percentile among SIC peers · 16/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.12× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength16/25 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 31/12/2023

Net Worth

£11k

Balance sheet strength

Cash

£162k

Cash in the bank

Net Current Assets

£854k

Working capital

Current Assets

£1.6M

Current Liabilities

£759k

Fixed Assets

£38k

Debtors

£1.5M

Profit After Tax

£245k

40avg. employees+13

Balance Sheet

Assets less current liabilities£892k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20232.12+£445
20222.30+£0
20212.40

Derived from filed accounts. Not audited figures.