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October Developments Ltd

12059409

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

284 WANSTEAD PARK ROAD, ILFORD, IG1 3TT
Incorporated 19/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mrs Shaziya Ayub Patel

director · Since 08/08/2019

DIRECTOR

BRITISH · ENGLAND · Age 35

Mr Sajid Mohammed Hanif Patel

director · Since 05/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 5 other boards

Persons with Significant Control

Mrs Shaziya Ayub Patel

25–50% shares

British · England · Age 35

284, Wanstead Park Road, Ilford, IG1 3TT

Notified 13/09/2019

Mr Sajid Mohammed Hanif Patel

25–50% shares
25–50% votes
Appoint directors
significant-influence-or-control-as-firm

British · England · Age 33

284, Wanstead Park Road, Ilford, IG1 3TT

Notified 05/11/2019

Former PSCs

Mr Sajid Mohammed Hanif Patel

Ceased 01/09/2019

Charges1 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 23/03/2020Registered 27/03/2020

CompanyRankvs 12932+ SIC 41100 peers
60

Financial strength73th percentile among SIC peers · 18/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.6× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees10/15 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.

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 30/06/2025

Net Worth

£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£30k

Current Liabilities

£7k

Fixed Assets

£517k

2avg. employees

Balance Sheet

Assets less current liabilities£541k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20254.60+£0
20254.60+£20k
20247.78-£12k
20235.15+£13k
20223.81+£11k
20213.20+£36k
20200.92

Derived from filed accounts. Not audited figures.