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Sarova Developments Ltd

11385373

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

117 KINGSHILL AVENUE, HARROW, HA3 8LA
Incorporated 26/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Rajesh Rameshchandra Shah

director · Since 26/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 8 other boards

Persons with Significant Control

Mr Rajesh Rameshchandra Shah

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

British · United Kingdom · Age 57

117, Kingshill Avenue, Harrow, HA3 8LA

Notified 26/05/2018

Mrs Anita Rajesh Shah

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

British · England · Age 58

117, Kingshill Avenue, Harrow, HA3 8LA

Notified 11/10/2022

Former PSCs

Mr Raj Shantlal Vora

Ceased 11/10/2021

Charges1 outstanding

Charge
outstanding

QUIVIRA CAPITAL LTD

Created 19/12/2019Registered 07/01/2020

CompanyRankvs 136946+ SIC 68209 peers
36

Financial strength13th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 2.03× · 20/20
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 strength3/25 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.

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 31/10/2023

Net Worth

-£12k

Balance sheet strength

Cash

£746

Cash in the bank

Net Current Assets

£26k

Working capital

Current Assets

£51k

Current Liabilities

£25k

Fixed Assets

£787

Debtors

£50k

Director Loans

Company owes directors£312

Balance Sheet

Assets less current liabilities£27k
Signed by Mr Rajesh SHAH 11/07/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20232.03+£62
20221.91-£26k
20212.03
20200.93

Derived from filed accounts. Not audited figures.