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Paavan Developments Limited

15351139

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

18 THE BROADWAY, WEMBLEY, HA9 8JU
Incorporated 14/12/2023

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 Mahadra Dhanji Patel

director · Since 14/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Mahadra Dhanji Patel

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 55

18 The Broadway, Eastlane, Wembley, HA9 8JU

Notified 14/12/2023

Former PSCs

Mr Paavan Patel

Ceased 14/12/2023

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 02/08/2024Registered 05/08/2024
Charge
satisfied

PARAGON BANK PLC

Created 02/05/2024Registered 02/05/2024Satisfied 05/08/2024

CompanyRankvs 105374+ SIC 68100 peers
30

Financial strength69th percentile among SIC peers · 17/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

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

Employees3/15 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 31/12/2025

Net Worth

£14k

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

-£2.0M

Working capital

Current Assets

£72k

Current Liabilities

£2.1M

Debtors

£260

0avg. employees

Balance Sheet

Assets less current liabilities£364k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£15k
20240.02

Derived from filed accounts. Not audited figures.