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Wise Developments Limited

04927095

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

DIAMOND HOUSE C/O LOWER RICHMOND PROPERTIES, RICHMOND, TW9 4LN
Incorporated 09/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Zulfikarali Virani

director · Since 14/10/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 18 other boards

Mr Rahim Virani

director · Since 19/01/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 59 other boards

Mr Riaz Virani

director · Since 01/04/2009

COMPANY DIRECTOR

BRITISH · U.K · Age 46

Also on 17 other boards

Mr Riaz Virani

secretary · Since 28/05/2009

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 17 other boards

Mrs Nadia Jassar

director · Since 03/04/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 8 other boards

Persons with Significant Control

Cannon Property Investments Limited

25–50% shares
25–50% votes
Appoint directors

Diamond House, 179 - 181 Lower Richmond Road, Richmond, TW9 4LN

Reg: 16569893 · England And Wales · Limited Liability Company

Notified 01/08/2025

Former PSCs

Mr Zulfikarali Virani

Ceased 30/09/2022

Dowgate Limited

Ceased 01/08/2025

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/11/2007Registered 12/12/2007Satisfied 23/10/2025
charge
satisfied

WEST BROMWICH COMMERCIAL LIMITED

Created 27/03/2007Registered 31/03/2007Satisfied 23/10/2025
charge
satisfied

WEST BROMWICH COMMERCIAL LIMITED

Created 27/03/2007Registered 31/03/2007Satisfied 23/10/2025
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 31/01/2007Registered 06/02/2007Satisfied 19/06/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/12/2006Registered 29/12/2006Satisfied 23/10/2025
charge
satisfied

BARCLAYS BANK PLC

Created 14/04/2005Registered 19/04/2005Satisfied 24/08/2005

CompanyRankvs 12278+ SIC 68100 peers
71

Financial strength98th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.08× · 2/20
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 strength25/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

£2.9M

Balance sheet strength

Cash

£167k

Cash in the bank

Net Current Assets

-£3.7M

Working capital

Current Assets

£315k

Current Liabilities

£4.0M

Fixed Assets

£7.5M

Debtors

£147k

3avg. employees

Tax at Year End

Corp tax£57k

Balance Sheet

Assets less current liabilities£3.8M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08+£446k
20230.27+£94k
20220.20+£189k
20210.11+£1.4M
20200.03+£110k
20190.02

Derived from filed accounts. Not audited figures.