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Harsal Developments Ltd

09466819

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

29 FAIRDALE GARDENS, HAYES, UB3 3JA
Incorporated 03/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Haroon Rashid

director · Since 03/03/2015

PROPERTY DEVELOPMENT

BRITISH · ENGLAND · Age 48

Also on 7 other boards

Persons with Significant Control

Aesthetic Homes Group Limited

75–100% shares
75–100% votes

29 Fairdale Gardens, Hayes, UB3 3JA

Reg: 09655829 · Register Of Members · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

INTERBAY FUNDING LIMITED

Created 22/05/2017Registered 25/05/2017
Charge
outstanding

INTERBAY FUNDING LIMITED

Created 22/05/2017Registered 25/05/2017
Charge
satisfied

HAMPSHIRE TRUST BANK PLC

Created 12/05/2015Registered 13/05/2015Satisfied 23/05/2017
Charge
satisfied

HAMPSHIRE TRUST BANK PLC

Created 12/05/2015Registered 13/05/2015Satisfied 23/05/2017

CompanyRankvs 10718+ SIC 41100 peers
61

Financial strength90th percentile among SIC peers · 23/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 59.11× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees2/15 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.

Longevity11/15 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 30/12/2024

Net Worth

£541k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£552k

Working capital

Current Assets

£561k

Current Liabilities

£9k

Debtors

£556k

0avg. employees

Balance Sheet

Assets less current liabilities£552k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202459.11-£14k
202338.95-£3k
202246.21+£89k
202116.00+£939
202018.89+£63k
201930.87-£290k
20181.59

Derived from filed accounts. Not audited figures.