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Saltaire Developments Ltd

09006217

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

22 HEATON GROVE, BRADFORD, BD9 4DY
Incorporated 23/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Adil Sadiq Rafiq

director · Since 23/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Mr Asim Ateeq Rafiq

director · Since 23/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Heaton Group Ltd

75–100% shares
75–100% votes
Appoint directors

1, Derwent Business Centre, Derby, DE1 2BU

Reg: 14985402 · Companies House · Limited

Notified 21/08/2023

Former PSCs

Mr Adil Sadiq Rafiq

Ceased 21/08/2023

Mr Asim Ateeq Rafiq

Ceased 21/08/2023

CompanyRankvs 51546+ SIC 41100 peers
31

Financial strength6th percentile among SIC peers · 2/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

-£90k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£1k

Current Liabilities

£1.5M

Fixed Assets

£1.4M

2avg. employees

Director Loans

Company owes directors£628k

Balance Sheet

Assets less current liabilities-£78k
Signed by Mr Asim Rafiq 04/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£28k
20240.03-£36k
20230.11+£13k
20220.91-£17k
2021440.76-£2k
2020395.07-£2k
20191019.74

Derived from filed accounts. Not audited figures.