Saeed Developments Limited
14903883
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 29/05/2026
Due 12/06/2027
Industry
Officers
Persons with Significant Control
Mr Saadat Saeed
British · England · Age 56
Suite 17, Essex House, Station Road, Upminster, RM14 2SJ
Notified 30/05/2023
Charges2 outstanding
LHV BANK LIMITED
ATOM BANK PLC
Change History
Active
Private Limited Company
SUITE 17, ESSEX HOUSE
UPMINSTER
RM14 2SJ
CompanyRankvs 66266+ SIC 41100 peers23
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£1
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£3.4M
Working capital
Current Assets
£289k
Current Liabilities
£3.7M
Fixed Assets
£3.2M
Debtors
£285k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.08 |
| 2024 | 0.97 |
Derived from filed accounts. Not audited figures.