Back to search

Bugdev Ltd

16370794

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

FLAT 2, CHURCHILL COURT 433-435, CHELTENHAM, GL50 3HU
Incorporated 07/04/2025

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Usama Haider

director · Since 07/04/2025

DIRECTOR

PAKISTANI · UNITED KINGDOM · Age 25

Mrs Farva Khursheed

director · Since 01/04/2026

PAKISTANI · ENGLAND · Age 27

Persons with Significant Control

Usama Haider

50–75% shares
ownership-of-shares-50-to-75-percent-as-trust
ownership-of-shares-50-to-75-percent-as-firm
50–75% votes
voting-rights-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-firm
Appoint directors

Pakistani · United Kingdom · Age 25

Flat 2, Churchill Court 433-435, High Street, Cheltenham, GL50 3HU

Notified 07/04/2025

Mrs Farva Khursheed

50–75% shares
ownership-of-shares-50-to-75-percent-as-trust
ownership-of-shares-50-to-75-percent-as-firm
50–75% votes
voting-rights-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-firm

Pakistani · England · Age 27

Flat 2, Churchill Court 433-435, High Street, Cheltenham, GL50 3HU

Notified 06/05/2026

CompanyRankvs 22274+ SIC 71129 peers
50

Financial strength49th percentile among SIC peers · 12/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity1 year trading (max 15) · 1/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength12/25 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.

Longevity1/15 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 30/04/2026

Net Worth

£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£1k

Current Liabilities

£0

0avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
2026Infinity+£0
2026Infinity

Derived from filed accounts. Not audited figures.