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Waltham Developments (Essex) Ltd

09313493

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

4 NUTTER LANE, LONDON, E11 2HY
Incorporated 17/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Gursharan Singh Ajeeb

secretary · Since 17/11/2014

Mr Kuldip Singh Sanger

director · Since 17/11/2014

BUSINESSMAN

BRITISH · ENGLAND · Age 64

Also on 9 other boards

Persons with Significant Control

Mr Kuldip Singh Sanger

Significant control

British · England · Age 64

4, Nutter Lane, London, E11 2HY

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/08/2017Registered 23/08/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/08/2017Registered 23/08/2017

CompanyRankvs 15558+ SIC 43999 peers
56

Financial strength94th percentile among SIC peers · 24/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.77× · 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 strength24/25 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 30/11/2024

Net Worth

£628k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£50k

Working capital

Current Assets

£165k

Current Liabilities

£215k

Fixed Assets

£1.8M

Debtors

£164k

2avg. employees

Tax at Year End

Corp tax£33k
VAT£3k

Balance Sheet

Assets less current liabilities£1.8M
Signed by Mr Kuldip Sanger 07/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.77+£36k£51k
20230.60+£63k£49k
20220.62+£105k£45k
20210.42-£73k£53k
20200.52+£104k£322k
20190.04+£100k
20180.02

Derived from filed accounts. Not audited figures.