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Margate Development Ltd

14802319

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

MACHINE WORKS HOUSE, HAYES, UB3 1FD
Incorporated 14/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Jutinder Singh

secretary · Since 14/04/2023

Mr Charanjeet Singh Gulati

director · Since 14/04/2023

BUSINESSMAN

BRITISH · ENGLAND · Age 33

Also on 8 other boards

Mr Damanjeet Singh Gulati

director · Since 14/04/2023

BUSINESSMAN

BRITISH · ENGLAND · Age 30

Also on 5 other boards

Mr Harmohan Singh Gulati

director · Since 14/04/2023

BUSINESSMAN

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Sanjam Estates Ltd

Significant control

Machine Works House, 5 Pressing Lane, Hayes, UB3 1FD

Notified 14/04/2023

Mr Harmohan Singh Gulati

Significant control

British · England · Age 39

Machine Works House, 5 Pressing Lane, Hayes, UB3 1FD

Notified 14/04/2023

Mr Damanjeet Singh Gulati

Significant control

British · England · Age 30

Machine Works House, 5 Pressing Lane, Hayes, UB3 1FD

Notified 14/04/2023

Csg Property Investments Limited

Significant control

37, Orchard Waye, Uxbridge, UB8 2BW

Notified 22/06/2023

Former PSCs

Mr Charanjeet Singh Gulati

Ceased 22/06/2023

CompanyRankvs 81542+ SIC 41100 peers
27

Financial strength21th percentile among SIC peers · 5/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio -5.12× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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81542Margate Development Ltd
25
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.

Employees2/15 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.

Longevity3/15 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 30/04/2025

Net Worth

-£359

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

£51k

Current Liabilities

-£10k

Fixed Assets

£653k

0avg. employees-4

Balance Sheet

Assets less current liabilities£713k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20255.12
20245.92

Derived from filed accounts. Not audited figures.