Back to search

Bidsid Developments Ltd

11615385

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

4 CLEWS ROAD, REDDITCH, B98 7ST
Incorporated 10/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Ken Chan

director · Since 10/10/2018

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Mr Harjit Minhas

director · Since 10/10/2018

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 48

Also on 8 other boards

Persons with Significant Control

Mr Harjit Minhas

25–50% shares

British · England · Age 48

4, Clews Road, Redditch, B98 7ST

Notified 10/10/2018

Mr Ken Chan

25–50% shares

British · United Kingdom · Age 49

4, Clews Road, Redditch, B98 7ST

Notified 10/10/2018

CompanyRankvs 106871+ SIC 68100 peers
43

Financial strength9th percentile among SIC peers · 2/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Abbott Bros.(Kent),Limited
90
8Stonewood Securities Limited
90
9Braintree Bungalows Limited
90
10Bennett'S Stores Limited
90
106871Bidsid Developments Ltd
38
How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/08/2024

Net Worth

-£33k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£78k

Current Liabilities

£117k

Fixed Assets

£45k

Debtors

£75k

2avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.67-£32k
20230.79+£58k
20220.26-£61k
20211.04—

Derived from filed accounts. Not audited figures.