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Kararaff Developments Limited

11200882

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

260 - 270 BUTTERFIELD, LUTON, LU2 8DL
Incorporated 12/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Deep Laxman Karawadra

director · Since 12/02/2018

QUANTITY SURVEYOR

ENGLISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mr Jamie William Rafferty

director · Since 12/02/2018

QUANTITY SURVEYOR

IRISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Deep Laxman Karawadra

25–50% shares
25–50% votes

English · United Kingdom · Age 38

32 Emerald Road, Luton, LU4 0NR

Notified 12/02/2018

Mr Jamie William Rafferty

25–50% shares
25–50% votes

Irish · England · Age 37

260 - 270, Butterfield, Luton, LU2 8DL

Notified 12/02/2018

Charges2 outstanding

Charge
outstanding

PEPPER MONEY LIMITED

Created 13/08/2021Registered 16/08/2021
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 07/01/2021Registered 07/01/2021
Charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 24/08/2018Registered 07/09/2018Satisfied 07/01/2021

CompanyRankvs 65661+ SIC 68100 peers
38

Financial strength81th percentile among SIC peers · 20/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 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.

Longevity8/15 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

£65k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£148k

Working capital

Current Assets

£48k

Current Liabilities

£196k

Fixed Assets

£596k

0avg. employees

Balance Sheet

Assets less current liabilities£447k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.24+£22k
20240.16+£18k
20230.11+£18k
20220.04+£8k
20210.46+£9k
20200.03-£6k
20190.03

Derived from filed accounts. Not audited figures.