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Patel Developers Ltd

15545556

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

32 HAMPTON, MILTON KEYNES, MK8 9BU
Incorporated 07/03/2024

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 Akash Hemantkumar Patel

director · Since 07/03/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Mr Chiragkumar Dinesh Patel

director · Since 07/03/2024

BUSINESS OWNER

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Mr Kaushal Dilipkumar Patel

director · Since 07/03/2024

PLANNING MANAGER

BRITISH · UNITED KINGDOM · Age 43

Mr Kunjankumar Sunilkumar Patel

director · Since 07/03/2024

BUSINESS OWNER

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Mr Akash Hemantkumar Patel

Significant control

British · United Kingdom · Age 42

32, Hampton, Milton Keynes, MK8 9BU

Notified 07/03/2024

Mr Kaushal Dilipkumar Patel

Significant control

British · United Kingdom · Age 43

32, Hampton, Milton Keynes, MK8 9BU

Notified 07/03/2024

Charges4 outstanding

Charge
outstanding

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CompanyRankvs 183480+ SIC 68100 peers
14

Financial strength18th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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183480Patel Developers Ltd
24
How is this score calculated?
Financial strength5/25 pts

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

Employees0/15 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.

Longevity2/15 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 31/03/2025

Net Worth

-£7k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£63k

Working capital

Current Assets

£4k

Current Liabilities

£67k

Fixed Assets

£213k

Debtors

£400

Balance Sheet

Assets less current liabilities£150k
Signed by Mr C Patel Mr K Patel Mr A Patel Mr K Patel 17 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.06

Derived from filed accounts. Not audited figures.