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Wholesome Developments Limited

14530454

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

1110 ELLIOTT COURT COVENTRY BUSINESS PARK, COVENTRY, CV5 6UB
Incorporated 08/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mrs Ravinder Kaur Chahal

director · Since 08/12/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 21 other boards

Persons with Significant Control

Mrs Ravinder Kaur Chahal

75–100% shares
75–100% votes
Appoint directors

British · England · Age 43

1110 Elliott Court, Coventry Business Park, Coventry, CV5 6UB

Notified 08/12/2022

Former PSCs

Mr Jasjeet Jules Singh Khatra

Ceased 08/12/2022

Charges3 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 04/10/2024Registered 07/10/2024
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 13/02/2023Registered 15/02/2023
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 13/02/2023Registered 15/02/2023

CompanyRankvs 75198+ SIC 41100 peers
20

Financial strength7th percentile among SIC peers · 2/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees7/15 pts

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

Liquidity2/20 pts

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

Longevity4/15 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 31/12/2024

Net Worth

-£68k

Balance sheet strength

Cash

£280k

Cash in the bank

Net Current Assets

-£859k

Working capital

Current Assets

£440k

Current Liabilities

£1.3M

Debtors

£160k

1avg. employees

Balance Sheet

Bank loans & overdrafts£3.4M
Assets less current liabilities£3.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.34-£30k

Derived from filed accounts. Not audited figures.