Back to search

Faith Developments Ltd

08936852

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 6 outstanding charges (-10)

Details

415 WHALEBONE LANE NORTH, ROMFORD, RM6 6RH
Incorporated 13/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Zahid Ghufran Hussain

director · Since 13/03/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Zahid Ghufran Hussain

75–100% shares
75–100% votes

British · England · Age 49

94, Aberdour Road, Ilford, IG3 9PH

Notified 01/09/2016

Charges6 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 11/03/2024Registered 15/03/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 11/03/2024Registered 15/03/2024
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 06/12/2023Registered 06/12/2023
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 13/11/2023Registered 01/12/2023
Charge
outstanding

LONDON CREDIT LTD

Created 15/06/2023Registered 19/06/2023
Charge
outstanding

LONDON CREDIT LTD

Created 15/06/2023Registered 15/06/2023

CompanyRankvs 8659+ SIC 68100 peers
65

Financial strength63th percentile among SIC peers · 16/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.26× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Land Management Group Limited
90
8Abbott Bros.(Kent),Limited
90
9Stonewood Securities Limited
90
10Braintree Bungalows Limited
90
8659Faith Developments Ltd
75
How is this score calculated?
Financial strength16/25 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.

Longevity12/15 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

£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£9k

Current Liabilities

£1k

Fixed Assets

£878k

2avg. employees+1

Balance Sheet

Assets less current liabilities£885k
Signed by Z Hussain 24/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.26+£2k
20240.06+£2k
20231.38+£5k
20220.01-£8k
20210.04-£10k
20200.34+£5k
20190.06—

Derived from filed accounts. Not audited figures.