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Mjas Developments Ltd

09180983

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

2 WHEELEYS ROAD, BIRMINGHAM, B15 2LD
Incorporated 19/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Jeetinder Saund

secretary · Since 19/08/2014

Also on 6 other boards

Mr Arandeep Saund

director · Since 19/08/2014

BUSINESSMAN

BRITISH · ENGLAND · Age 30

Also on 7 other boards

Mr Jeetinder Saund

director · Since 19/08/2014

BUSINESSMAN

BRITISH · ENGLAND · Age 39

Also on 6 other boards

Mr Manjit Singh Saund

director · Since 19/08/2014

BUSINESSMAN

BRITISH · ENGLAND · Age 62

Also on 4 other boards

Persons with Significant Control

Mr Manjit Singh Saund

25–50% shares
25–50% votes
Appoint directors

British · England · Age 62

2 Wheeleys Road,, Edgbaston, Birmingham, B15 2LD

Notified 06/04/2016

Mr Jeetinder Saund

25–50% shares
25–50% votes
Appoint directors

British · England · Age 39

2 Wheeleys Road, Edgbaston, Birmingham, B15 2LD

Notified 06/04/2016

Mr Arandeep Saund

25–50% shares
25–50% votes

British · England · Age 30

2 Wheeleys Road, Edgbaston, Birmingham, B15 2LD

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/07/2025Registered 05/08/2025
Charge
outstanding

LLOYDS BANK PLC

Created 28/07/2025Registered 01/08/2025

CompanyRankvs 8271+ SIC 82990 peers
72

Financial strength86th percentile among SIC peers · 22/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.1× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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8271Mjas Developments Ltd
81
How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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

£132k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£155k

Working capital

Current Assets

£229k

Current Liabilities

£74k

3avg. employees

Balance Sheet

Assets less current liabilities£155k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.10+£7k
20243.14+£10k
20232.89+£26k
20223.08+£52k
20212.80+£34k
20201.09—
20191.00—
20181.00—

Derived from filed accounts. Not audited figures.