Mahal Developments Ltd
13039420
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/11/2020
DIRECTOR
BRITISH · ENGLAND · Age 30
Also on 4 other boards
Persons with Significant Control
Mr Gurjit Singh Mahal
British · England · Age 30
70, West Way, Hounslow, TW5 0JG
Notified 24/11/2020
Charges5 outstanding
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CompanyRankvs 66876+ SIC 41100 peers24
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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 30/11/2024
Net Worth
-£14k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£407k
Working capital
Current Assets
£1k
Current Liabilities
£408k
Fixed Assets
£665k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.00 |
Derived from filed accounts. Not audited figures.