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Hm Developments Limited

11007633

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

THE GATEHOUSE, ILFORD, IG2 6EW
Incorporated 11/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Balbir Singh Virk

director · Since 01/01/2019

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 8 other boards

Mr Hardev Singh Bhangu

director · Since 15/06/2020

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 62

Also on 4 other boards

Persons with Significant Control

Mr Balbir Singh Virk

25–50% shares
25–50% votes

British · United Kingdom · Age 63

The Gatehouse, 453 Cranbrook Road, Ilford, IG2 6EW

Notified 01/01/2019

Former PSCs

Mrs Mandeep Virk

Ceased 01/01/2019

Charges2 outstanding

Charge
outstanding

SILVERSTREAM FINANCE (CITY) LIMITED

Created 06/03/2020Registered 17/03/2020
Charge
satisfied

SILVERSTREAM FINNACE (CITY) LIMITED

Created 06/03/2020Registered 12/03/2020Satisfied 12/06/2023
Charge
satisfied

SILVERSTREAM FINANCE (CITY) LIMITED

Created 06/03/2020Registered 12/03/2020Satisfied 12/06/2023
Charge
satisfied

LENDCO LIMITED

Created 17/10/2019Registered 23/10/2019Satisfied 12/06/2023
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 22/03/2019Registered 01/04/2019
Charge
satisfied

UNITED TRUST BANK LIMITED

Created 03/11/2017Registered 15/11/2017Satisfied 12/02/2019

CompanyRankvs 43273+ SIC 68209 peers
57

Financial strength88th percentile among SIC peers · 22/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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43273Hm Developments Limited
66
How is this score calculated?
Financial strength22/25 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.

Liquidity12/20 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 28/02/2025

Net Worth

£427k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£427k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.3M

Debtors

£1.7M

1avg. employees

Balance Sheet

Assets less current liabilities£427k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.33+£20k
20241.25+£56k
20231.06+£138k
20220.61+£19k
20210.99+£214k
20201.56+£2k

Derived from filed accounts. Not audited figures.