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Sav Development Ltd

08950862

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

33 SACKVILLE STREET, LONDON, W1S 3EB
Incorporated 20/03/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68320
Management of real estate on a fee or contract basis

Officers

Mr Vachtangk Potschisvili

director · Since 20/03/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Mr Alexander Tarlo

director · Since 27/01/2015

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 33 other boards

Persons with Significant Control

Mr Vachtangk Potschisvili

25–50% shares
25–50% votes

British · England · Age 36

33, Sackville Street, London, W1S 3EB

Notified 06/04/2016

Mr Alexander Tarlo

25–50% shares
25–50% votes

British · England · Age 38

33, Sackville Street, London, W1S 3EB

Notified 06/04/2016

Former PSCs

Mr Mikis Almanov

Ceased 01/06/2023

Leyla Almanov

Ceased 29/04/2024

Charges1 outstanding

Charge
outstanding

GLASSWALL CAPITAL LTD.

Created 01/05/2026Registered 06/05/2026
Charge
satisfied

EARNEST CAPITAL UK LIMITED

Created 01/09/2025Registered 10/09/2025Satisfied 06/05/2026
Charge
satisfied

BANK OF LONDON AND THE MIDDLE EAST PLC

Created 09/04/2021Registered 16/04/2021Satisfied 29/05/2024
Charge
satisfied

COUTTS & COMPANY

Created 02/04/2019Registered 10/04/2019Satisfied 29/05/2024

CompanyRankvs 45109+ SIC 41100 peers
39

Financial strength4th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 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

-£208k

Balance sheet strength

Cash

£236k

Cash in the bank

Net Current Assets

-£20k

Working capital

Current Assets

£7.9M

Current Liabilities

£7.9M

Fixed Assets

£2.7M

Debtors

£982k

Profit After Tax

-£2.6M

23avg. employees

Tax at Year End

Dividends paid-£315k

Balance Sheet

Assets less current liabilities£2.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.00-£1.1M
20240.98-£3.9M
20231.59+£3.2M
20221.05-£329k
20211.11-£919k
20201.26+£2.1M
20190.96

Derived from filed accounts. Not audited figures.