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Joyful Developments Ltd

16121081

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O GETGROUND, LONDON, W6 0NB
Incorporated 05/12/2024

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 07/11/2025

Due 21/11/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Getground Secretary Limited

secretary · Since 05/12/2024

Also on 10584 other boards

Ashish Suresh Bhagat

director · Since 05/12/2024

RECRUITMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 38

Saarika Bhagat

director · Since 05/12/2024

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Saarika Bhagat

25–50% shares
25–50% votes

British · United Kingdom · Age 37

C/O Getground, 1 Lyric Square, London, W6 0NB

Notified 05/12/2024

Ashish Suresh Bhagat

25–50% shares
25–50% votes

British · United Kingdom · Age 38

C/O Getground, 1 Lyric Square, London, W6 0NB

Notified 05/12/2024

Charges1 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 06/03/2025Registered 12/03/2025

CompanyRankvs 324003+ SIC 68209 peers
12

Financial strength10th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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324003Joyful Developments Ltd
21
How is this score calculated?
Financial strength3/25 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 31/12/2025

Net Worth

-£21k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£50k

Working capital

Current Assets

£2k

Current Liabilities

£51k

Fixed Assets

£94k

Debtors

£339

Director Loans

Company owes directors£51k

Balance Sheet

Assets less current liabilities£44k
Signed by Ashish Suresh Bhagat Saarika Bhagat 25/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.03

Derived from filed accounts. Not audited figures.