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Update Group Ltd.

11610672

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

244 Chase Road, London, N14 6HH
Incorporated 08/10/2018

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 17/01/2026

Due 31/01/2027

On track

Industry

41100
Development of building projects
41201
Construction of commercial buildings
41202
Construction of domestic buildings
68100
Buying and selling of own real estate

Officers

Mr Mehmet Gozutok

director · Since 08/10/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Mr Kadir Murathan Sahin

director · Since 08/10/2018

COMPANY DIRECTOR

TURKISH · ENGLAND · Age 37

Also on 2 other boards

Mr Mutlu Sahin

director · Since 08/10/2018

COMPANY DIRECTOR

TURKISH · ENGLAND · Age 61

Also on 2 other boards

Mehmet Gozutok

director · Since 08/10/2018

British · England · Age 65

Kadir Murathan Sahin

director · Since 08/10/2018

Turkish · England · Age 37

Mutlu Sahin

director · Since 08/10/2018

Turkish · England · Age 61

Former

Osman Topcu

director · Resigned 04/11/2020

Persons with Significant Control

Mr Kadir Murathan Sahin

Significant control

Turkish · England · Age 37

244, Chase Road, London, N14 6HH

Notified 08/10/2019

Charges0 outstanding

Charge
satisfied

WEST ONE DEVELOPMENT FINANCE LIMITED

Created 21/12/2020Registered 24/12/2020Satisfied 22/05/2023

Change History

status → active
2026-07-27

Active

type → ltd
2026-07-27

Private Limited Company

address line1 → 244 Chase Road
2026-07-27

244 CHASE ROAD

post town → London
2026-07-27

LONDON

officer appointed → GOZUTOK, Mehmet
2026-07-27
officer appointed → SAHIN, Kadir Murathan
2026-07-27
officer appointed → SAHIN, Mutlu
2026-07-27

CompanyRankvs 26351+ SIC 41100 peers
59

Financial strength57th percentile among SIC peers · 14/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 216.34× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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26351Update Group Ltd.
58
How is this score calculated?
Financial strength14/25 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.4M

Current Liabilities

£6k

Fixed Assets

£820

0avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
2025216.34+£570
20232.16—

Derived from filed accounts. Not audited figures.