Westgold Developments Limited
12130570
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/07/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 38
Also on 15 other boards
Persons with Significant Control
Mr Jaymin Patel
British · England · Age 38
Catalyst House, Centennial Court, Elstree, Hertfordshire, WD6 3SY
Notified 31/07/2019
Former PSCs
Mr Dilip Dinubhai Patel
Ceased 14/10/2020
Mr Rudesh Dinubhai Patel
Ceased 14/10/2020
Charges2 outstanding
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CompanyRankvs 15+ SIC 68100 peers14
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2024
Net Worth
-£525k
Balance sheet strength
Cash
£366
Cash in the bank
Net Current Assets
-£4.3M
Working capital
Current Assets
£2k
Current Liabilities
£4.3M
Debtors
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | +£118k |
| 2023 | 0.00 | -£376k |
| 2022 | 0.02 | -£136k |
| 2021 | 0.08 | -£131k |
| 2020 | 1.45 | — |
Derived from filed accounts. Not audited figures.