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Rwan Developments Limited

12711119

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

OFFICE 2 - FIST FLOOR, MANCHESTER, M14 5AG
Incorporated 01/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Saman Magsoudi

director · Since 01/07/2023

DIRECTOR

IRANIAN · ENGLAND · Age 36

Mr Sasan Maqsoudi

director · Since 22/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Saman Magsoudi

75–100% shares
voting-rights-75-to-100-percent-as-trust
Appoint directors

Iranian · England · Age 36

Office 2 - Fist Floor, 227 Wilmslow Road, Manchester, M14 5AG

Notified 01/07/2023

Former PSCs

Mr Salar Zardooi

Ceased 01/07/2023

Charges2 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 15/06/2023Registered 28/06/2023
Charge
outstanding

TOGETHER COMMERCIAL FIMNANCE LIMITED

Created 15/06/2023Registered 28/06/2023
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/04/2023Registered 04/05/2023Satisfied 03/07/2024
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/04/2023Registered 04/05/2023Satisfied 03/07/2024

CompanyRankvs 98399+ SIC 68100 peers
31

Financial strength59th percentile among SIC peers · 15/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 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 strength15/25 pts

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

Employees3/15 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 28/02/2025

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£331k

Working capital

Current Assets

£2k

Current Liabilities

£333k

Fixed Assets

£334k

0avg. employees

Balance Sheet

Assets less current liabilities£3k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.01
20240.00
20232.00

Derived from filed accounts. Not audited figures.