Smaa Developments Limited
11468596
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/06/2024
DIRECTOR
IRISH · UNITED KINGDOM · Age 47
Also on 16 other boards
director · Since 03/10/2025
CHARTERED CERTIFIED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 48
Also on 5 other boards
Persons with Significant Control
Mr Saud M M Al Aiban
Saudi Arabian · Saudi Arabia · Age 32
Ground Floor, 123 Pall Mall, London, SW1Y 5EA
Notified 17/07/2018
Charges2 outstanding
RIYAD BANK, LONDON BRANCH
BANK OF LONDON AND THE MIDDLE EAST PLC
CompanyRankvs 29173+ SIC 68100 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Turnover
£3.2M
Annual revenue
Net Worth
£26.5M
Balance sheet strength
Cash
£143k
Cash in the bank
Profit Before Tax
-£1.5M
Bottom line earnings
Net Current Assets
-£1.7M
Working capital
Current Assets
£5.5M
Current Liabilities
£7.2M
Debtors
£5.4M
Admin Expenses
£2.6M
Operating Profit
£528k
Profit After Tax
-£1.5M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.77 | -£7.6M |
| 2020 | 0.48 | +£18.7M |
| 2019 | 0.46 | — |
Derived from filed accounts. Not audited figures.