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Develop 55 Ltd

12410506

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)
  • Current liabilities exceed current assets (-10)

Details

265-269 KINGSTON ROAD, WIMBLEDON, SW19 3NW
Incorporated 17/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
43390
Other building completion and finishing

Officers

Dr Deepti Mehra

director · Since 17/01/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Dr Manu Mehra

director · Since 17/01/2020

DIRECTOR

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Dr Manu Mehra

25–50% shares
25–50% votes
Appoint directors

British · England · Age 58

38, The Warren, Carshalton Beeches, SM5 4EH

Notified 17/01/2020

Dr Deepti Mehra

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

38, The Warren, Carshalton Beeches, SM5 4EH

Notified 17/01/2020

CompanyRankvs 15141+ SIC 41100 peers
68

Financial strength77th percentile among SIC peers · 19/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 95.63× · 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 strength19/25 pts

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

Employees7/15 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 31/01/2025

Net Worth

£73k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£1.2M

Current Liabilities

£12k

1avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Signed by 12410506 2024-02-01 2025-01-31 12410506 2025-01-31 12410506 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202595.63+£13k
2024125.46+£34k
2023193.89—

Derived from filed accounts. Not audited figures.