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Westcombe Developments Limited

11235987

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

7 CHURCHILL COURT 58 STATION ROAD, HARROW, HA2 7SA
Incorporated 06/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Kamal Pankhania

director · Since 06/03/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Mr Sunil Pankhania

director · Since 06/03/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 28 other boards

Vraj Pankhania

director · Since 27/05/2020

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 75

Also on 24 other boards

Persons with Significant Control

Mr Kamal Pankhania

25–50% shares
25–50% votes

British · United Kingdom · Age 48

7 Churchill Court, 58 Station Road, Harrow, HA2 7SA

Notified 06/03/2018

Mr Sunil Pankhania

25–50% shares
25–50% votes

British · United Kingdom · Age 43

7, Churchill Court, Harrow, HA2 7SA

Notified 06/03/2018

Vraj Pankhania

25–50% shares
25–50% votes

British · United Kingdom · Age 75

7, Churchill Court, Harrow, HA2 7SA

Notified 27/05/2020

Charges5 outstanding

Charge
outstanding

UNITED TRUST BANK LIMITED

Created 01/05/2024Registered 03/05/2024
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 01/05/2024Registered 03/05/2024
Charge
outstanding

KSEYE CAPITAL HOLDINGS LIMITED

Created 27/10/2023Registered 30/10/2023
Charge
outstanding

BANK OF INDIA

Created 31/03/2021Registered 01/04/2021
Charge
outstanding

BANK OF INDIA

Created 31/03/2021Registered 31/03/2021

CompanyRankvs 43986+ SIC 41100 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.11× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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43986Westcombe Developments Limited
46
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.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/03/2025

Net Worth

-£673k

Balance sheet strength

Cash

£550

Cash in the bank

Net Current Assets

£10.4M

Working capital

Current Assets

£19.8M

Current Liabilities

£9.4M

Debtors

£1.7M

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.11-£298k
20241.79-£244k
20232.05-£88k
20222.27-£15k
20212.41—

Derived from filed accounts. Not audited figures.