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Mydigitaldevelopment.Com Limited

10272625

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LEVEL 5A MAPLE HOUSE, LONDON, W1T 7NF
Incorporated 11/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Rakesh Kumar Patel

director · Since 11/07/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 4 other boards

Mr Ashish Natverbhai Patel

director · Since 19/02/2026

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Persons with Significant Control

Former PSCs

Mr Rakesh Kumar Patel

Ceased 11/07/2016

Charges0 outstanding

Charge
satisfied

PARAGON BANK PLC

Created 12/10/2016Registered 12/10/2016Satisfied 07/05/2019
Charge
satisfied

PARAGON BANK PLC

Created 01/09/2016Registered 13/09/2016Satisfied 07/05/2019

CompanyRankvs 147305+ SIC 82990 peers
35

Financial strength7th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.91× · 6/20
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 strength2/25 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.

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.

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 31/07/2025

Net Worth

-£28k

Balance sheet strength

Cash

£14

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£70k

Current Liabilities

£77k

Debtors

£70k

0avg. employees

Tax at Year End

Corp tax£9k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91+£0
20250.91+£82k
2024+£83k
2023+£13k
20220.03-£352k
20211.82+£7k
20202.71-£93k
20194.31+£259k
20183.22

Derived from filed accounts. Not audited figures.