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Gja Developments Ltd.

05905154

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

13 KENSINGTON GARDENS, ILFORD, IG1 3EJ
Incorporated 14/08/2006

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

Overdue

Confirmation statement

Last: 13/10/2025

Due 27/10/2026

On track

Industry

41100
Development of building projects

Officers

Mr Jatinder Singh Bassan

director · Since 14/08/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Mr Manjit Singh Bassan

director · Since 17/01/2007

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 6 other boards

Persons with Significant Control

Mr Manjit Singh Bassan

Appoint directors
Significant control

British · England · Age 72

13, Kensington Gardens, Ilford, IG1 3EJ

Notified 07/04/2016

Mr Jatinder Singh Bassan

50–75% shares
50–75% votes
Appoint directors
Significant control

British · England · Age 43

13, Kensington Gardens, Ilford, IG1 3EJ

Notified 07/04/2016

Charges1 outstanding

Charge
outstanding

GREYMAX CAPITAL LTD

Created 25/03/2026Registered 01/04/2026
Charge
satisfied

BANK OF INDIA

Created 22/01/2024Registered 06/02/2024Satisfied 02/12/2025
Charge
satisfied

BANK OF INDIA

Created 22/01/2024Registered 06/02/2024Satisfied 02/12/2025
Charge
satisfied

BANK OF INDIA

Created 22/01/2024Registered 06/02/2024Satisfied 02/12/2025
Charge
satisfied

COMMERCIAL ACCEPTANCES LIMITED

Created 04/11/2021Registered 15/11/2021Satisfied 24/05/2023
Charge
satisfied

COMMERCIAL ACCEPTANCES LIMITED

Created 04/11/2021Registered 15/11/2021Satisfied 24/05/2023
charge
satisfied

BANK OF INDIA

Created 20/04/2011Registered 10/05/2011Satisfied 05/10/2021
charge
satisfied

BNAK OF INDIA

Created 05/03/2007Registered 09/03/2007Satisfied 05/10/2021
charge
satisfied

BANK OF INDIA

Created 05/03/2007Registered 09/03/2007Satisfied 05/10/2021

CompanyRankvs 61007+ SIC 41100 peers
25

Financial strength3th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.14× · 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 strength1/25 pts

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

Employees2/15 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 31/08/2025

Net Worth

-£317k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£196k

Current Liabilities

£1.4M

Debtors

£155k

0avg. employees

Balance Sheet

Bank loans & overdrafts£209k
Assets less current liabilities-£108k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.14-£308k
2024-0.84-£12k
20230.07

Derived from filed accounts. Not audited figures.