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Pgg Developments Ltd

15339639

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

42 ARNALL STREET, CASTLEFORD, WF10 5WG
Incorporated 09/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Harminder Singh Chana

director · Since 09/12/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 3 other boards

Mr Parminder Singh Chana

director · Since 09/12/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 3 other boards

Mr Savraj Lotta

director · Since 09/12/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 12 other boards

Persons with Significant Control

Mr Savraj Lotta

25–50% shares
25–50% votes

British · England · Age 29

46, The Fairway, Ruislip, HA4 0RY

Notified 09/12/2023

Mr Harminder Singh Chana

25–50% shares
25–50% votes
Appoint directors

British · England · Age 33

34 St. Helena Road, Wibsey, Bradford, BD6 1SZ

Notified 09/12/2023

Mr Parminder Singh Chana

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
25–50% votes
Appoint directors

British · England · Age 35

34 St. Helena Road, Wibsey, Bradford, BD6 1SZ

Notified 09/12/2023

CompanyRankvs 81898+ SIC 41100 peers
26

Financial strength16th percentile among SIC peers · 4/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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81898Pgg Developments Ltd
25
How is this score calculated?
Financial strength4/25 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 31/03/2025

Net Worth

-£7k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£831k

Working capital

Current Assets

£7k

Current Liabilities

£838k

Fixed Assets

£824k

0avg. employees

Balance Sheet

Assets less current liabilities-£7k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.01

Derived from filed accounts. Not audited figures.