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Shagan Developments Limited

13672135

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

BONNY WOOD HOUSE, IPSWICH, IP6 8HP
Incorporated 11/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Michael John Horgan

director · Since 11/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mr Carl James Shave

director · Since 11/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 5 other boards

Persons with Significant Control

Mr Carl James Shave

25–50% shares

British · England · Age 55

Bonny Wood House, Barking, Ipswich, IP6 8HP

Notified 11/10/2021

Mr Michael John Horgan

25–50% shares

British · United Kingdom · Age 57

Bonny Wood House, Barking, Ipswich, IP6 8HP

Notified 11/10/2021

CompanyRankvs 152117+ SIC 68100 peers
34

Financial strength21th percentile among SIC peers · 5/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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152117Shagan Developments Limited
29
How is this score calculated?
Financial strength5/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£247k

Current Liabilities

£252k

0avg. employees-2
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.98
20240.16

Derived from filed accounts. Not audited figures.