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Mulsanne Developments Limited

11730412

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

HARPAL HOUSE 14 HOLYHEAD ROAD, BIRMINGHAM, B21 0LT
Incorporated 17/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mrs Balvinder Bindra

director · Since 17/12/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mr Surjit Bindra

director · Since 17/12/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Persons with Significant Control

Mrs Balvinder Bindra

75–100% shares
75–100% votes

British · United Kingdom · Age 66

Harpal House, 14 Holyhead Road, Birmingham, B21 0LT

Notified 17/12/2018

Charges3 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 17/12/2021Registered 17/12/2021
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 19/06/2019Registered 02/07/2019
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 19/06/2019Registered 02/07/2019

CompanyRankvs 58175+ SIC 41202 peers
21

Financial strength15th percentile among SIC peers · 4/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.3× · 2/20
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 strength4/25 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.

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 31/12/2024

Net Worth

-£3k

Balance sheet strength

Cash

£917

Cash in the bank

Net Current Assets

-£203k

Working capital

Current Assets

£87k

Current Liabilities

£290k

Debtors

£86k

Profit After Tax

£12k

0avg. employees

Balance Sheet

Bank loans & overdrafts£2.3M
Assets less current liabilities£3.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.30+£12k
20230.00+£11k
20220.01-£53k
20210.01+£217k
2020152.25-£172k
201977.59

Derived from filed accounts. Not audited figures.