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Virk Developments Limited

13281444

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

142-143 PARROCK STREET, GRAVESEND, DA12 1EY
Incorporated 21/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings
68100
Buying and selling of own real estate
74902
Quantity surveying activities

Officers

Mr Sunny Singh Virk

director · Since 21/03/2021

ENTREPRENEUR

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Persons with Significant Control

Mr Sunny Singh Virk

25–50% shares
25–50% votes
Appoint directors

British · England · Age 34

142-143, Parrock Street, Gravesend, DA12 1EY

Notified 21/03/2021

Former PSCs

Mrs Priya Kaur

Ceased 22/05/2024

Charges2 outstanding

Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 13/05/2022Registered 26/05/2022
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 13/05/2022Registered 13/05/2022

CompanyRankvs 34490+ SIC 41202 peers
42

Financial strength84th percentile among SIC peers · 21/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/03/2026

Net Worth

£62k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£107k

Working capital

Current Assets

£135k

Current Liabilities

£242k

Fixed Assets

£546k

1avg. employees

Balance Sheet

Assets less current liabilities£440k
Signed by Mr Sunny Virk 30/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.56+£34k
20250.07+£889
20240.03+£34k
20230.02
20221.01

Derived from filed accounts. Not audited figures.