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Westgold Developments Spv1 Limited

13296858

active - proposal to strike off
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

CATALYST HOUSE CENTENNIAL COURT, ELSTREE, HERTFORDSHIRE, WD6 3SY
Incorporated 28/03/2021

Compliance

Last accounts

30/06/2023

total exemption full

Accounts

Up to date

Confirmation statement

Last: 23/08/2024

Due

On track

Industry

41100
Development of building projects

Officers

Mr Jaymin Patel

director · Since 28/03/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 15 other boards

Persons with Significant Control

Mr Jaymin Patel

50–75% shares
50–75% votes
Appoint directors

British · England · Age 38

Catalyst House, Centennial Court, Elstree, Hertfordshire, WD6 3SY

Notified 28/03/2021

Insolvency History2 cases

receiver manager

James Robert Scott Davies (receiver manager) · Joseph Antony Pitt (receiver manager)

receiver manager

James Robert Scott Davies (receiver manager) · Joseph Antony Pitt (receiver manager)

CompanyRankvs 65963+ SIC 41100 peers
27

Financial strength37th percentile among SIC peers · 9/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2023

Net Worth

£100

Balance sheet strength

Cash

£126

Cash in the bank

Net Current Assets

-£121k

Working capital

Current Assets

£1.5M

Current Liabilities

£1.6M

Debtors

£33k

0avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.93

Derived from filed accounts. Not audited figures.