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Pravi Developments Limited

15252067

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

517A HAGLEY ROAD, SMETHWICK, B66 4AX
Incorporated 01/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Prashant Sikka

director · Since 01/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 3 other boards

Mr Avtar Singh

director · Since 01/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 7 other boards

Persons with Significant Control

Mr Prashant Sikka

25–50% shares
25–50% votes

British · England · Age 40

517a, Hagley Road, Smethwick, B66 4AX

Notified 01/11/2023

Mr Avtar Singh

25–50% shares
25–50% votes

British · England · Age 50

517a, Hagley Road, Smethwick, B66 4AX

Notified 01/11/2023

CompanyRankvs 33226+ SIC 41100 peers
55

Financial strength60th percentile among SIC peers · 15/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 24.86× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 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.

Liquidity20/20 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 30/11/2024

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£129k

Working capital

Current Assets

£134k

Current Liabilities

£5k

0avg. employees

Balance Sheet

Assets less current liabilities£129k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
202424.86

Derived from filed accounts. Not audited figures.