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Degam Ltd

07438221

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

14 HITCHIN ROAD, LETCHWORTH GARDEN CITY, SG6 3LT
Incorporated 12/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66110
Administration of financial markets

Officers

Mr Paramjit Singh Dev

secretary · Since 12/11/2010

Also on 3 other boards

Mr Paramjit Singh Dev

director · Since 12/11/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 3 other boards

Mrs Sandra Gammage

director · Since 12/11/2010

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Persons with Significant Control

Mr Paramjit Singh Dev

25–50% shares
25–50% votes
Appoint directors

British · England · Age 69

14, Hitchin Road, Letchworth Garden City, SG6 3LT

Notified 12/11/2016

Mrs Sandra Gammage

25–50% shares
25–50% votes
Appoint directors

British · England · Age 66

14, Hitchin Road, Letchworth Garden City, SG6 3LT

Notified 12/11/2016

Gade Enterprises Ltd

25–50% shares
25–50% votes

14, Hitchin Road, Letchworth Garden City, SG6 3LT

Reg: 07322711 · Registrar Of Companies · Limited

Notified 11/11/2024

CompanyRankvs 29+ SIC 66110 peers
85

Financial strength79th percentile among SIC peers · 20/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.35× · 20/20
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 strength20/25 pts

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

Employees15/15 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.

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

£38k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£66k

Current Liabilities

£28k

10avg. employees-1

Balance Sheet

Assets less current liabilities£38k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.35+£6k
20232.44+£1k
20222.57+£1k
20212.72+£16k
20203.82+£293
20191.82-£107k
20188.05—

Derived from filed accounts. Not audited figures.