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Chief Developments Limited

09975308

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

4 HIGHLANDS COURT, SOLIHULL, B90 4LE
Incorporated 28/01/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Mr Mohammed Wasim

director · Since 06/09/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Mr Safdar Talib

director · Since 07/01/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 26

Also on 1 other board

Persons with Significant Control

Mr Mohammed Wasim

25–50% shares

British · United Kingdom · Age 40

4 Highlands Court, Cranmore Avenue, Solihull, B90 4LE

Notified 06/09/2018

Mr Safdar Talib

25–50% shares

British · United Kingdom · Age 26

29 Tenby Road, Moseley, Birmingham, B13 9LX

Notified 07/01/2021

Former PSCs

Mr Amar Rashid

Ceased 07/01/2021

CompanyRankvs 20449+ SIC 98000 peers
64

Financial strength96th percentile among SIC peers · 24/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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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.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£54k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

-£87k

Working capital

Current Assets

£37k

Current Liabilities

£123k

Debtors

£431

1avg. employees

Balance Sheet

Assets less current liabilities£63k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30+£11k
20240.19+£10k
20230.10+£3k
20220.05-£6k
20210.11-£11k
20200.22+£33k
20190.12

Derived from filed accounts. Not audited figures.