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Knm Developments Limited

12571347

active
Private Limited Company
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

42-46 STATION ROAD, EDGWARE, HA8 7AB
Incorporated 24/04/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate
98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Mr Manoher Ghanshamdas Mulchandani

director · Since 24/04/2020

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 6 other boards

Persons with Significant Control

Mr Manoher Ghanshamdas Mulchandani

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

British · England · Age 66

42-46, Station Road, Edgware, HA8 7AB

Notified 24/04/2020

Charges3 outstanding

Charge
outstanding

EFG PRIVATE BANK LIMITED

Created 20/06/2022Registered 05/07/2022
Charge
outstanding

EFG PRIVATE BANK LIMITED

Created 20/06/2022Registered 04/07/2022
Charge
outstanding

EFG PRIVATE BANK LIMITED

Created 20/06/2022Registered 28/06/2022
Charge
satisfied

EFG PRIVATE BANK (CHANNEL ISLANDS) LIMITED

Created 03/08/2021Registered 06/08/2021Satisfied 28/06/2022

CompanyRankvs 78257+ SIC 41100 peers
17

Financial strength7th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.22× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 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.

Longevity6/15 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

-£74k

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

-£4.4M

Working capital

Current Assets

£1.3M

Current Liabilities

£5.6M

Debtors

£160k

0avg. employees

Tax at Year End

Corp tax£2k

Director Loans

Company owes directors£1.3M

Balance Sheet

Bank loans & overdrafts£5.1M
Assets less current liabilities£5.0M
Signed by 12571347 2024-01-01 2024-12-31 12571347 2024-12-31 12571347 bus:OrdinaryShareClass1 2024-12-31 12571347 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.22-£84k
20230.04+£19k
20220.03+£5k

Derived from filed accounts. Not audited figures.