Back to search

Pirco Development Ltd

11102486

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

UNIT C ( 1ST FLOOR OFFICES ) 122, LEICESTER, LE5 3QN
Incorporated 07/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Imtiaz Pirmahomed

director · Since 01/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Haroon Patel

25–50% shares
25–50% votes

British · England · Age 51

63 Copdale Road, Leicester, LE5 4FF

Notified 01/05/2019

Mr. Imtiaz Pirmahomed

25–50% shares
25–50% votes

British · England · Age 63

25 Broadway Road, Leicester, LE5 5TB

Notified 22/05/2019

Former PSCs

Mr Imtiaz Pirmahomed

Ceased 01/05/2019

CompanyRankvs 70009+ SIC 41100 peers
32

Financial strength17th percentile among SIC peers · 4/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength4/25 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£477k

Working capital

Current Assets

£264

Current Liabilities

£477k

Fixed Assets

£473k

0avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£0
20230.00-£90
20220.27-£2k
20210.00
20200.00
20190.00

Derived from filed accounts. Not audited figures.