Back to search

Wellfield Developments Ltd

06242857

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

57 Wellfields, Loughton, IG10 1PA
Incorporated 10/05/2007

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 23/10/2025

Due 06/11/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Kulvinder Kaur

director · Since 11/02/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Kulvinder Kaur

director · Since 11/02/2013

British · England · Age 47

Former

I Q Formations Limited

corporate director · Resigned 04/06/2007

I Q Secretaries Limited

corporate secretary · Resigned 04/06/2007

Sonia Johal

secretary · Resigned 13/05/2008

Parvinder Singh

director · Resigned 20/05/2009

Sukhbir Singh Johal

director · Resigned 08/06/2024

Sonia Johal

secretary · Resigned 07/02/2026

Charges1 outstanding

charge
outstanding

JASBIIR SINGH JOHAL AND BALJIT KAUR JOHAL

Created 04/04/2008Registered 10/04/2008

Change History

status → active
2026-07-26

Active

type → ltd
2026-07-26

Private Limited Company

address line1 → 57 Wellfields
2026-07-26

57 WELLFIELDS

post town → Loughton
2026-07-26

LOUGHTON

officer appointed → KAUR, Kulvinder
2026-07-26

CompanyRankvs 4314+ SIC 68209 peers
76

Financial strength95th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.78× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Grange Park Investments Limited
90
3Sherborne Cottage Building Company,Limited(The)
90
4Gaunts Limited
90
5S.E.Redfern Limited
90
6John Horsfall & Sons(Greetland),Limited
90
7British And Foreign Wharf Company Limited(The)
90
8Webb & Son (Combs)Limited
90
9Rookfield Garden Village Limited
90
10Brightholme Property Company Limited(The)
90
4314Wellfield Developments Ltd
86
How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 pts

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

Liquidity20/20 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 31/05/2025

Net Worth

£1.4M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£108k

Current Liabilities

£39k

Fixed Assets

£3.2M

2avg. employees

Balance Sheet

Assets less current liabilities£3.2M
Signed by 18 May 2026

EstimatesDerived

YearCurrent RatioImplied Profit
20252.78+£73k
20242.72+£122k
20233.00—

Derived from filed accounts. Not audited figures.