Nine Developments Limited
08566780
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
27/09/2026
Confirmation statement
Last: 24/11/2025
Due 08/12/2026
Industry
Officers
Former
director · Resigned 24/10/2021
director · Resigned 09/05/2022
director · Resigned 07/08/2023
director · Resigned 07/08/2023
Persons with Significant Control
Mr Gursharan Singh Chadha
British · England · Age 65
Vivek House, 65-67 Clarendon Road, Watford, WD17 1DS
Notified 24/11/2025
Mrs Jasbir Kaur Chadha
British · England · Age 63
Vivek House, 65-67 Clarendon Road, Watford, WD17 1DS
Notified 24/11/2025
Former PSCs
Mr Vivek Singh Chadha
Ceased 24/11/2025
Charges3 outstanding
GURSHARAN SINGH CHADHA · JASBIR KAUR CHADHA
BANK OF CYPRUS UK LIMITED
BANK OF CYPRUS UK LIMITED
PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED
PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED
PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED
Change History
Active
Private Limited Company
VIVEK HOUSE
WATFORD
CompanyRankvs 234371+ SIC 68209 peers27
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
-£1.5M
Balance sheet strength
Cash
£48k
Cash in the bank
Net Current Assets
-£244k
Working capital
Current Assets
£723k
Current Liabilities
£967k
Fixed Assets
£1.9M
Debtors
£675k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.75 | +£111k |
| 2023 | 0.94 | -£668k |
| 2022 | 2.07 | -£227k |
| 2021 | 2.17 | -£937k |
| 2020 | 23.60 | +£32k |
| 2019 | 25.71 | +£73k |
| 2018 | 26.13 | +£82k |
| 2017 | 11.27 | — |
Derived from filed accounts. Not audited figures.