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Faith Developments Ltd

08936852

active
Private Limited Company
england wales
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

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/09/2025

Due 10/10/2026

On track

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

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CompanyRankvs 11547+ SIC 68100 peers
63

Financial strength65th percentile among SIC peers · 16/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 22.94× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees9/15 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.

Longevity13/15 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 31/03/2026

Net Worth

£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£40k

Current Liabilities

£2k

Fixed Assets

£897k

1avg. employees-1

Balance Sheet

Assets less current liabilities£936k
Signed by Z Hussain 04/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202622.94+£2k
20256.26+£2k
20240.06+£2k
20231.38

Derived from filed accounts. Not audited figures.