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Prime London Developments Group Ltd

11061976

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

337 FOREST ROAD, LONDON, E17 5JR
Incorporated 14/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate

Officers

Mr Noshaab Khiljee

director · Since 14/11/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 15 other boards

Mrs Elena Akintolu Lopato

director · Since 01/12/2017

COMPANY DIRECTOR

SPANISH · UNITED KINGDOM · Age 44

Also on 1 other board

Mr Noshaab Khiljee

secretary · Since 11/01/2021

Also on 15 other boards

Persons with Significant Control

Mr Noshaab Khiljee

25–50% shares
25–50% votes

British · United Kingdom · Age 48

337, Forest Road, London, E17 5JR

Notified 14/11/2017

Mrs Elena Akintolu Lopato

25–50% shares

Spanish · United Kingdom · Age 44

337, Forest Road, London, E17 5JR

Notified 01/12/2017

Former PSCs

Mr Oladele Peter Olojede

Ceased 30/11/2017

Charges3 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 27/04/2023Registered 27/04/2023
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 22/11/2021Registered 24/11/2021
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 22/11/2021Registered 24/11/2021
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 23/03/2018Registered 04/04/2018Satisfied 26/11/2021
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 23/03/2018Registered 28/03/2018Satisfied 26/11/2021

CompanyRankvs 60742+ SIC 41100 peers
27

Financial strength5th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.24× · 2/20
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.

Employees10/15 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.

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 30/11/2024

Net Worth

-£157k

Balance sheet strength

Cash

£108k

Cash in the bank

Net Current Assets

-£353k

Working capital

Current Assets

£112k

Current Liabilities

£464k

Fixed Assets

£1.2M

Debtors

£4k

2avg. employees+2

Balance Sheet

Bank loans & overdrafts£997k
Assets less current liabilities£840k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24+£923
20230.24-£40k
2022-£30k
2021-£27k
2020-£14k
2019-£10k

Derived from filed accounts. Not audited figures.