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Pars Development Property Limited

13633393

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

58 BASEPOINT BUSINESS CENTRE RIVERMEAD DRIVE, SWINDON, SN5 7EX
Incorporated 21/09/2021

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 20/09/2025

Due 04/10/2026

On track

Industry

41202
Construction of domestic buildings

Officers

Morteza Pourzadeh

secretary · Since 21/09/2021

Mr Sepehr Izadpanah

director · Since 21/09/2021

BUILDER / DEVELOPER

BRITISH · ENGLAND · Age 67

Also on 4 other boards

Mr Morteza Pourzadeh

director · Since 21/09/2021

BUILDER / DEVELOPER

BRITISH · UNITED KINGDOM · Age 66

Also on 7 other boards

Persons with Significant Control

Mr Morteza Pourzadeh

25–50% shares

British · England · Age 67

58 Basepoint Business Centre, Rivermead Drive, Swindon, SN5 7EX

Notified 21/09/2021

Mr Sepehr Izadpanah

25–50% shares

British · England · Age 67

58 Basepoint Business Centre, Rivermead Drive, Swindon, SN5 7EX

Notified 21/09/2021

Charges2 outstanding

Charge
outstanding

LONGOAK 4 LLP

Created 23/12/2022Registered 03/01/2023
Charge
outstanding

SOLUTUS ADVISORS LIMITED

Created 03/10/2022Registered 14/10/2022

CompanyRankvs 58682+ SIC 41202 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.89× · 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 strength0/25 pts

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

Employees9/15 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 30/09/2024

Net Worth

-£691k

Balance sheet strength

Cash

£30

Cash in the bank

Net Current Assets

-£351k

Working capital

Current Assets

£2.8M

Current Liabilities

£3.2M

Debtors

£222

2avg. employees

Balance Sheet

Bank loans & overdrafts£340k
Assets less current liabilities-£351k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89-£393k
20231.00-£297k
20220.83

Derived from filed accounts. Not audited figures.