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Gja Developments Ltd.

05905154

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-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

On track

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 71

Also on 6 other boards

Persons with Significant Control

Mr Manjit Singh Bassan

Appoint directors
Significant control

British · England · Age 71

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 56477+ SIC 41100 peers
28

Financial strength15th percentile among SIC peers · 4/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio -0.84× · 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 strength4/25 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 31/08/2024

Net Worth

-£9k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£931k

Working capital

Current Assets

-£424k

Current Liabilities

£507k

Fixed Assets

£1.1M

Debtors

-£463k

0avg. employees

Balance Sheet

Bank loans & overdrafts£209k
Assets less current liabilities£200k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024-0.84-£12k
20230.07-£57k
20220.51-£11k
20211.36-£500
20201.36-£500
20191.37-£2k
20181.38

Derived from filed accounts. Not audited figures.