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Sifat Development Ltd

14892314

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE 3 , SECOND FLOOR, ILFORD, IG2 7HU
Incorporated 24/05/2023

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
68320
Management of real estate on a fee or contract basis

Officers

Mr Rajinder Singh Rajevanshi

director · Since 24/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 4 other boards

Mr Mandeep Singh

director · Since 24/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Persons with Significant Control

Mr Mandeep Singh

25–50% shares
25–50% votes

British · United Kingdom · Age 44

Suite 3 , Second Floor, 760 Eastern Avenue, Ilford, IG2 7HU

Notified 24/05/2023

Mr Rajinder Singh Rajevanshi

25–50% shares
25–50% votes

British · United Kingdom · Age 46

Suite 3 , Second Floor, 760 Eastern Avenue, Ilford, IG2 7HU

Notified 24/05/2023

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 22/10/2024Registered 25/10/2024

CompanyRankvs 75657+ SIC 68100 peers
36

Financial strength57th percentile among SIC peers · 14/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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75657Sifat Development Ltd
46
How is this score calculated?
Financial strength14/25 pts

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

Employees12/15 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.

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 31/05/2025

Net Worth

£2k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£15k

Current Liabilities

£38k

Fixed Assets

£438k

2avg. employees

Balance Sheet

Assets less current liabilities£414k
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20250.38+£0
20250.38+£5k
20240.00—

Derived from filed accounts. Not audited figures.