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Saleems Property Developments Ltd

11346583

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

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

Details

23 HAMPTON DRIVE, GATESHEAD, NE10 9EP
Incorporated 04/05/2018

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 Rashid Saleem

director · Since 01/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 5 other boards

Mr Umayr Saleem

director · Since 01/11/2024

RESTAURANT OWNER

BRITISH · ENGLAND · Age 37

Mr Hamaad Saleem

director · Since 27/05/2026

BRITISH · UNITED KINGDOM · Age 32

Also on 1 other board

Persons with Significant Control

Mr Umayr Saleem

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

British · United Kingdom · Age 37

23 Hampton Drive, Gateshead, NE10 9EP

Notified 04/05/2018

Mr Hamaad Saleem

25–50% shares
25–50% votes

British · United Kingdom · Age 33

172-174, Albert Road, Jarrow, NE32 5JA

Notified 04/06/2025

Mr Rashid Saleem

25–50% shares
25–50% votes

British · United Kingdom · Age 33

172-174, Albert Road, Jarrow, NE32 5JA

Notified 04/06/2025

Charges3 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 22/11/2024Registered 28/11/2024
Charge
outstanding

ALDERMORE BANK PLC

Created 31/05/2019Registered 13/06/2019
Charge
outstanding

ALDERMORE BANK PLC

Created 31/05/2019Registered 12/06/2019

CompanyRankvs 80985+ SIC 68100 peers
34

Financial strength74th percentile among SIC peers · 19/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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80985Saleems Property Developments Ltd
44
How is this score calculated?
Financial strength19/25 pts

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

Employees0/15 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 31/05/2024

Net Worth

£27k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£780k

Working capital

Current Assets

£11k

Current Liabilities

£791k

Fixed Assets

£913k

Debtors

£910

Tax at Year End(2023)

Corp tax£8k

Director Loans

Company owes directors£192k

Balance Sheet

Assets less current liabilities£133k
Signed by Mr Hamaad Saleem 17/02/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£7k
20230.04-£6k
20220.08—

Derived from filed accounts. Not audited figures.