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Picton Developments (London) Ltd

09313418

active
ltd
england wales
Companies House
Confirmation statement overdue
Health Score
66 / 100

Some Concerns

20/30
Filing
10/30
Financial
36/40
Risk
  • Confirmation statement overdue (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

4 Nutter Lane, London, E11 2HY
Incorporated 17/11/2014

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 20/07/2025

Due 03/08/2026

Overdue

Industry

41100
Development of building projects

Officers

Mrs Gursharan Kaur

secretary · Since 31/07/2015

Mr Rushnil Sanger

director · Since 31/07/2015

BUSINESSMAN

BRITISH · ENGLAND · Age 38

Also on 3 other boards

Gursharan Kaur

secretary · Since 31/07/2015

Rushnil Sanger

director · Since 31/07/2015

British · England · Age 38

Former

Kuldip Singh Sanger

director · Resigned 31/07/2015

Persons with Significant Control

Mr Rushnil Sanger

Significant control

British · England · Age 38

4, Nutter Lane, London, E11 2HY

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 18/11/2022Registered 21/11/2022
Charge
outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 18/11/2022Registered 21/11/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 23/09/2015Registered 03/10/2015Satisfied 27/07/2022

Change History

officer appointedKAUR, Gursharan
2026-08-13
officer appointedSANGER, Rushnil
2026-08-13
statusactive
2026-08-13

Active

typeltd
2026-08-13

Private Limited Company

address line14 Nutter Lane
2026-08-13

4 NUTTER LANE

post townLondon
2026-08-13

LONDON

CompanyRankvs 38753+ SIC 41100 peers
44

Financial strength84th percentile among SIC peers · 21/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceOne filing overdue · 5/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 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.

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 compliance5/15 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 30/11/2025

Net Worth

£204k

Balance sheet strength

Cash

£848

Cash in the bank

Net Current Assets

-£99k

Working capital

Current Assets

£252k

Current Liabilities

£351k

Fixed Assets

£303k

Debtors

£251k

2avg. employees

Tax at Year End

Corp tax£8k

Balance Sheet

Assets less current liabilities£204k
Signed by Mr Rushnil Sanger 18/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.72+£24k
20240.65+£15k
20232.73

Derived from filed accounts. Not audited figures.