Back to search

28 Developments Limited

09758861

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

SUITE 120 UNIT 3 WOODWARD BUILDINGS, LONDON, W3 6FA
Incorporated 02/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Ishaan Seth

director · Since 02/09/2015

BUSINESSMAN/DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 1 other board

Persons with Significant Control

Mr Ishaan Seth

75–100% shares
75–100% votes

British · England · Age 34

28-A, Abbey Road, London, NW10 7TR

Notified 01/09/2016

Former PSCs

Ishaan Seth

Ceased 06/04/2016

Charges3 outstanding

Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 14/03/2024Registered 25/03/2024
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 14/03/2024Registered 15/03/2024
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 07/12/2020Registered 18/12/2020

CompanyRankvs 9610+ SIC 68100 peers
65

Financial strength81th percentile among SIC peers · 20/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 5.43× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength20/25 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.

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 30/09/2024

Net Worth

£61k

Balance sheet strength

Cash

£60k

Cash in the bank

Net Current Assets

£315k

Working capital

Current Assets

£386k

Current Liabilities

£71k

Fixed Assets

£900k

Debtors

£4k

1avg. employees

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£1.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20245.43-£22k
202323.78
20191.04

Derived from filed accounts. Not audited figures.