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Solar Developments Limited

06112745

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

137 LONDON ROAD, PRESTON, PR1 4BA
Incorporated 16/02/2007

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/05/2026

Due 15/05/2027

On track

Industry

68209
Other letting and operating of own or leased real estate
68310
Real estate agencies

Officers

Mr Shoyab Musa

director · Since 01/03/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Hsa Holdings Ltd

75–100% shares
75–100% votes

77, Watling Street Road, Preston, PR2 8EA

Reg: 12745093 · Companies House, Cardiff · Limited Company

Notified 15/07/2020

Former PSCs

Mr Norbert Mazik

Ceased 01/03/2020

Mr Shoyab Musa

Ceased 15/07/2020

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 04/03/2016Registered 17/03/2016Satisfied 16/03/2020

CompanyRankvs 112464+ SIC 68209 peers
54

Financial strength59th percentile among SIC peers · 15/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.55× · 6/20
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 strength15/25 pts

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

Employees3/15 pts

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

Liquidity6/20 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

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£44k

Current Liabilities

£80k

Fixed Assets

£50k

0avg. employees

Tax at Year End(2020)

Corp tax£6k

Director Loans(2019)

Directors owe company£2k

Balance Sheet

Assets less current liabilities£14k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.55-£1k
20230.59-£792
20220.68-£245
20210.83-£9k
20201.05
20200.22
20190.19

Derived from filed accounts. Not audited figures.