Akbar Developments Limited
13223575
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/02/2021
SOLICITOR
BRITISH · ENGLAND · Age 38
Also on 1 other board
Persons with Significant Control
Mr Mohammed Wajad Akbar
British · England · Age 38
527, Bristol Road, Birmingham, B29 6AU
Notified 24/02/2021
Charges3 outstanding
FLEET MORTGAGES
BELMONT GREEN FINANCE LIMITED TRADING AS VIDA HOMELOANS
THE MORTGAGE WORKS (UK) PLC
CompanyRankvs 53758+ SIC 68100 peers42
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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 28/02/2025
Net Worth
-£16k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£792
Working capital
Current Assets
£1k
Current Liabilities
£330
Fixed Assets
£559k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.40 | -£4k |
| 2024 | 0.00 | -£3k |
| 2023 | 0.01 | -£6k |
| 2022 | 0.01 | — |
Derived from filed accounts. Not audited figures.