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K10 Developments Ltd

06480015

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

683-693 WILMSLOW ROAD, MANCHESTER, M20 6RE
Incorporated 22/01/2008

Compliance

Last accounts

31/01/2023

total exemption full

Next accounts due

31/10/2024

Overdue

Confirmation statement

Last: 31/07/2023

Due 14/08/2024

Overdue

Industry

41100
Development of building projects

Officers

Mr Kambiz Babaee

director · Since 22/01/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 5 other boards

Persons with Significant Control

Mr Kambiz Babaee

50–75% shares
50–75% votes

British · England · Age 60

683-693, Wilmslow Road, Manchester, M20 6RE

Notified 06/04/2016

Former PSCs

Roya Babaee

Ceased 05/08/2020

Charges1 outstanding

Charge
outstanding

JOHN CAUDWELL (THE "LENDER")

Created 14/10/2014Registered 16/10/2014

Insolvency History1 case

creditors voluntary liquidation27/09/2024

Daniel Taylor (practitioner)

CompanyRankvs 15+ SIC 41100 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2023

Net Worth

-£664k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£645k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.8M

Fixed Assets

£5k

Debtors

£1.2M

4avg. employees

Balance Sheet

Assets less current liabilities-£641k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.65

Derived from filed accounts. Not audited figures.