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Queensway Property Developments Ltd

09113106

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

UNIT 3, 116 BROUGHTON LANE, SALFORD, M7 1UF
Incorporated 02/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Tariq Siddiq

director · Since 17/07/2014

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 6 other boards

Persons with Significant Control

Tariq Siddiq

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

British · United Kingdom · Age 55

Unit 3, 116, Broughton Lane, Salford, M7 1UF

Notified 02/07/2016

Charges1 outstanding

Charge
satisfied

SHAHID IQBAL

Created 08/08/2015Registered 14/08/2015Satisfied 27/07/2022
Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 15/05/2015Registered 19/05/2015

CompanyRankvs 101330+ SIC 68100 peers
34

Financial strength6th percentile among SIC peers · 2/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.93× · 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 strength2/25 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.

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 31/07/2025

Net Worth

-£53k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£1.0M

Current Liabilities

£1.1M

Fixed Assets

£526k

Debtors

£998k

1avg. employees

Balance Sheet

Bank loans & overdrafts£501k
Assets less current liabilities£448k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.93+£93k
20240.92+£42k
20230.96+£87k
2022+£76k
20210.08+£73k
20200.03+£21k
2019-£6k
20180.02

Derived from filed accounts. Not audited figures.