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Megasave Developments Limited

11308621

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

74 WYNDHAM STREET, TREORCHY, CF42 5BT
Incorporated 13/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
43290
Other construction installation

Officers

Mr Zafar Iqbal

director · Since 13/04/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 3 other boards

Mrs Nasiem Akhtar Iqbal

director · Since 19/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Zafar Iqbal

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 64

74, Wyndham Street, Treorchy, CF42 5BT

Notified 13/04/2018

Mrs Nasiem Akhtar Iqbal

25–50% shares
25–50% votes

British · England · Age 64

74, Wyndham Street, Treorchy, CF42 5BT

Notified 16/04/2018

CompanyRankvs 31230+ SIC 41100 peers
55

Financial strength81th percentile among SIC peers · 20/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£118k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

-£174k

Working capital

Current Assets

£51k

Current Liabilities

£225k

Fixed Assets

£304k

Debtors

£1k

2avg. employees

Balance Sheet

Assets less current liabilities£130k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23+£29k
20240.31+£26k
20230.28+£15k
20220.23+£11k
20210.23
20200.15
20190.06

Derived from filed accounts. Not audited figures.