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Qd Property Developments Limited

10620801

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE OLD MILL, LEICESTER, LE3 5DE
Incorporated 15/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Balbir Singh Heer

director · Since 15/02/2017

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 5 other boards

Persons with Significant Control

St Mary's Property (Kent) Limited

75–100% shares
75–100% votes
Appoint directors

3, Montpelier Avenue, Bexley, DA5 3AP

Reg: 11497742 · Companies House · Private Limited Company

Notified 06/12/2018

Former PSCs

Mr Balbir Singh Heer

Ceased 06/12/2018

Charges1 outstanding

Charge
outstanding

YORKSHIRE BUILDING SOCIETY

Created 18/08/2021Registered 18/08/2021
Charge
satisfied

LLOYDS BANK PLC

Created 01/04/2019Registered 05/04/2019Satisfied 08/04/2019
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satisfied

LLOYDS BANK PLC

Created 10/10/2018Registered 26/10/2018Satisfied 26/08/2021
Charge
satisfied

LLOYDS BANK PLC

Created 10/10/2018Registered 11/10/2018Satisfied 26/08/2021
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satisfied

LLOYDS BANK PLC

Created 10/10/2018Registered 11/10/2018Satisfied 21/01/2019
Charge
satisfied

LLOYDS BANK PLC

Created 10/10/2018Registered 11/10/2018Satisfied 21/01/2019
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satisfied

BANK OF CYPRUS UK LIMITED

Created 14/03/2017Registered 21/03/2017Satisfied 17/10/2018
Charge
satisfied

BANK OF CYPRUS UK LIMITED

Created 14/03/2017Registered 21/03/2017Satisfied 17/10/2018
Charge
satisfied

BANK OF CYPRUS UK LIMITED

Created 14/03/2017Registered 21/03/2017Satisfied 17/10/2018
Charge
satisfied

BANK OF CYPRUS UK LIMITED

Created 14/03/2017Registered 21/03/2017Satisfied 17/10/2018

CompanyRankvs 42440+ SIC 41100 peers
37

Financial strength3th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.85× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Longevity9/15 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 31/08/2024

Net Worth

-£309k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.6M

Current Liabilities

£911k

Debtors

£684k

0avg. employees

Balance Sheet

Assets less current liabilities£1.7M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20242.85+£15k
20232.74+£20k
20223.23+£19k
20211.83-£729k
20201.79-£31k
20201.85+£29k
20191.66

Derived from filed accounts. Not audited figures.