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Centredene Developments Ltd

05528768

active
Private Limited Company
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

62 SEYMOUR GROVE, MANCHESTER, M16 0LN
Incorporated 05/08/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Yasir Nisar Beg

director · Since 01/04/2020

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 14 other boards

Persons with Significant Control

Mr Yasir Nisar Beg

75–100% shares

British · England · Age 48

62, Seymour Grove, Manchester, M16 0LN

Notified 27/04/2021

Former PSCs

Mr Mirza Imran Nisar Beg

Ceased 27/04/2021

Charges3 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/05/2009Registered 22/05/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/12/2005Registered 14/12/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/11/2005Registered 09/11/2005

CompanyRankvs 27719+ SIC 41100 peers
47

Financial strength71th percentile among SIC peers · 18/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio -0.7× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 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.

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.

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 31/08/2024

Net Worth

£33k

Balance sheet strength

Cash

£40

Cash in the bank

Net Current Assets

-£99k

Working capital

Current Assets

-£41k

Current Liabilities

£58k

Fixed Assets

£565k

Debtors

-£41k

1avg. employees

Balance Sheet

Assets less current liabilities£466k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024-0.70+£2k
2023-£218k
2022+£0
2021-£3k
2020+£221k
2019+£7k

Derived from filed accounts. Not audited figures.