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Kora Developments Limited

11926680

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

1 CRADOCK STREET, LEICESTER, LE5 3AW
Incorporated 04/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Sunil Saigal

director · Since 04/04/2019

DIRECTOR

IRISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Sunil Saigal

Significant control
significant-influence-or-control-as-firm

Irish · England · Age 37

1, Cradock Street, Leicester, LE5 3AW

Notified 21/05/2020

Former PSCs

Mr Sunil Saigal

Ceased 21/05/2020

CompanyRankvs 25430+ SIC 43999 peers
50

Financial strength14th percentile among SIC peers · 4/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 37.19× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees4/15 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.

Longevity7/15 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 30/09/2024

Net Worth

-£91

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£750k

Working capital

Current Assets

£771k

Current Liabilities

£21k

1avg. employees

Balance Sheet

Assets less current liabilities£750k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202437.19
202337.36
2022-£8k
202127.30
202030.97

Derived from filed accounts. Not audited figures.