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Proma Developments Limited

07974619

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

WISTERIA GRANGE BARN, PINNER, HA5 2EX
Incorporated 02/03/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Jiann Meng Tan

director · Since 11/06/2014

COMPANY DIRECTOR

MALAYSIAN · MALAYSIA · Age 34

Wisteria Registrars Limited

secretary · Since 15/06/2018

BRITISH

Also on 129 other boards

Andrea Qian Hwee Tan

director · Since 01/05/2023

STRATEGY MANAGER

MALAYSIAN · MALAYSIA · Age 28

Persons with Significant Control

Former PSCs

Proma Construction Management Ltd

Ceased 03/01/2024

T H Alliance Properties Ltd

Ceased 06/04/2016

Charges3 outstanding

Charge
outstanding

UNITED OVERSEAS BANK LIMITED

Created 18/03/2021Registered 24/03/2021
Charge
outstanding

UNITED OVERSEAS BANK LIMITED

Created 18/03/2021Registered 24/03/2021
Charge
outstanding

UNITED OVERSEAS BANK LIMITED (LONDON BRANCH)

Created 14/03/2018Registered 15/03/2018

CompanyRankvs 4047+ SIC 68100 peers
71

Financial strength81th percentile among SIC peers · 20/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.28× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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.

Longevity14/15 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 31/03/2025

Net Worth

£65k

Balance sheet strength

Cash

£389k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£17.1M

Current Liabilities

£7.5M

Debtors

£120k

2avg. employees

Tax at Year End(2022)

Corp tax£41k

Balance Sheet

Bank loans & overdrafts£9.5M
Assets less current liabilities£9.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.28+£0
20252.28+£11k
20242.27-£1.0M
20232.90-£25k
20222.96-£86k
20213.04+£175k
20201.07-£2k

Derived from filed accounts. Not audited figures.