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Devot Limited

12705057

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT A406, LONDON, E1 5NF
Incorporated 30/06/2020

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 29/06/2025

Due 13/07/2026

On track

Industry

29100
Manufacture of motor vehicles
30910
Manufacture of motorcycles
45111
Sale of new cars and light motor vehicles
45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

Mr Varun Deo Panwar

director · Since 30/06/2020

CEO

BRITISH · UNITED KINGDOM · Age 42

Also on 3 other boards

Persons with Significant Control

Mr Varun Deo Panwar

75–100% shares
75–100% votes

British · United Kingdom · Age 42

Unit A406, 4 - 6 Greatorex Street, London, E1 5NF

Notified 30/06/2020

CompanyRankvs 721+ SIC 29100 peers
31

Financial strength5th percentile among SIC peers · 1/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

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.

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

-£199k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£185k

Working capital

Current Assets

£2k

Current Liabilities

£187k

1avg. employees

Balance Sheet

Assets less current liabilities-£185k
Signed by 1.7.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£0
20250.01+£6k
20240.00-£31k
20230.00-£73k
20220.00-£92k
20210.19

Derived from filed accounts. Not audited figures.