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Safs Developments Limited

13075141

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

87 Levett Gardens, Ilford, IG3 9BU
Incorporated 10/12/2020

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 09/12/2025

Due 23/12/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Shaide Iqbal

director · Since 10/12/2020

ELECTRICIAN

BRITISH · ENGLAND · Age 45

Also on 3 other boards

Shaide Iqbal

director · Since 10/12/2020

British · England · Age 45

Former

Atiq Hussain

secretary · Resigned 12/12/2023

Atiq Hussain

director · Resigned 12/12/2023

Shaide Iqbal

secretary · Resigned 16/12/2023

Persons with Significant Control

Mr Shaide Iqbal

Significant control

British · United Kingdom · Age 45

87, Levett Gardens, Ilford, IG3 9BU

Notified 10/12/2020

Former PSCs

Mr Atiq Hussain

Ceased 12/12/2023

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 14/03/2024Registered 18/03/2024

Change History

status → active
2026-07-18

Active

type → ltd
2026-07-18

Private Limited Company

address line1 → 87 Levett Gardens
2026-07-18

87 LEVETT GARDENS

post town → Ilford
2026-07-18

ILFORD

CompanyRankvs 115405+ SIC 68100 peers
28

Financial strength59th percentile among SIC peers · 15/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.05× · 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.

Employees0/15 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 31/12/2025

Net Worth

£3k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£46k

Working capital

Current Assets

£2k

Current Liabilities

£49k

Fixed Assets

£166k

Tax at Year End

Corp tax£426

Director Loans

Company owes directors£47k

Balance Sheet

Assets less current liabilities£120k
Signed by Mr Shaide IQBAL 22/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05+£1k
20240.06+£334
20235.23—

Derived from filed accounts. Not audited figures.