Padda Development (Wales) Ltd
10750658
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Previously known as
Compliance
Last accounts
31/03/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 18/05/2026
Due 01/06/2027
Industry
Officers
Former
director · Resigned 01/01/2026
director · Resigned 01/01/2026
Persons with Significant Control
Gurbaksh Kaur
British · Wales · Age 69
The Third Floor, Langdon House, Sa1 Swansea Waterfront, SA1 8QY
Notified 03/05/2017
Jasbir Singh
British · Wales · Age 72
The Third Floor, Langdon House, Sa1 Swansea Waterfront, SA1 8QY
Notified 03/05/2017
Change History
Active
Private Limited Company
LLWYNHENDY CARE HOME YNYS LAS
LLANELLI
CompanyRankvs 6591+ SIC 41100 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2024
Net Worth
£48k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£256k
Working capital
Current Assets
£259k
Current Liabilities
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 81.02 | +£130k |
| 2023 | 9.96 | — |
Derived from filed accounts. Not audited figures.