Company Overview
Main Developments Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 28 May 1996, so this is a well established company. Main Developments Ltd has been in business for 29 years and 10 months. The accounts status is small and the accounts are next due on Thursday 31 December 2026.
Registered Address

Crown House, North Circular Road, Park Royal, London, NW10 7PN
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Companies House Data
Company NameMAIN DEVELOPMENTS LTD
Company Number03204291
Registered Office AddressCrown House
 North Circular Road
 NW10 7PN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date28/05/1996
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategorySMALL
Returns Next Due Date25/06/2017
Returns Last Made Up Date28/05/2016
Directors & Members
Show Resigned
Rahim Virani - Director
(British, 50 years old, born August 1976)
Appointed 19 January 2007
 Active
Shaila Virani - Director
(British, 55 years old, born August 1971)
Appointed 21 June 1996
 Active
Karim Virani - Director
(British, 45 years old, born January 1981)
Appointed 03 October 2018
 Active
Secretaries
Show Resigned
Paul Davis - Secretary
(British)
Appointed 30 November 2014
 Active
Other Company Directorships
Rahim Virani
REAL ESTATES 4 U LTD
ROSERED PROPERTY INVESTMENTS LTD
Shaila Virani
ASIAN INTOUCH LIMITED
ASIAN ONLINE PLC
BLOCK DEVELOPMENT LIMITED
CROWNPRIZE (BRENTFORD) LIMITED
CYGNET PROPERTIES AND LEISURE PLC
DOMINO TRADING LIMITED
EDGEGRANGE PROPERTIES LIMITED
FIRST ENTERPRISES LIMITED
IDEALEYES UK LTD
NEW ENTERPRISE LIMITED
PRIME GLOBAL LIMITED
STOREY'S GATE PROPERTY LIMITED
VIRANI NET LIMITED
Karim Virani
REAL ESTATES 4 U LTD
ROSERED PROPERTY INVESTMENTS LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 17,436,856 17,436,856 17,439,047
Current Assets 3,854,468 3,854,468 3,291,399
Creditors Due Within One Year 960,393 960,393 1,022,362
Working Cap 2,894,075 2,894,075 2,269,037
Total Assets Less Current Liabilities 20,330,931 20,330,931 19,708,084
Long-term Liabilities 3,135,692 3,135,692 7,461,127
Net Assets 17,195,239 17,195,239 12,246,957
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 17,195,239 17,195,239 12,246,957
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 81.9% 81.9% 84.1%
Stocks Inventory - - -
Debtors 17.5% 17.5% 14.9%
Cash Bank In Hand 0.6% 0.6% 1.0%
Current Assets 18.1% 18.1% 15.9%
Creditors Due Within One Year 4.5% 4.5% 4.9%
Net Current Assets Liabilities 13.6% 13.6% 10.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 80.8% 80.8% 59.1%
Capital Employed - - -
Total Assets Less Current Liabilities 95.5% 95.5% 95.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 4.0 4.0 3.2
Solvency Ratio 5.2 5.2 2.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 21,291,324 21,291,324 20,730,446
Debt 4,096,085 4,096,085 8,483,489
Net Assets/Debt 17,195,239 17,195,239 12,246,957

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Director's details changed for Mr Rahim Virani on 2 November 2025
Director's details changed for Mr Karim Virani on 2 November 2025
Confirmation statement made on 28 May 2025 with no updates
Confirmation statement made on 28 May 2024 with no updates
Confirmation statement made on 28 May 2023 with no updates
Confirmation statement made on 28 May 2022 with no updates
Confirmation statement made on 28 May 2021 with no updates
Director's details changed for Mr Karim Virani on 22 March 2021
Confirmation statement made on 28 May 2020 with no updates
Registration of charge 032042910005, created on 29 January 2020
Registration of charge 032042910006, created on 29 January 2020
Satisfaction of charge 2 in full
Satisfaction of charge 4 in full
Satisfaction of charge 3 in full
Confirmation statement made on 28 May 2019 with no updates
Appointment of Mr Karim Virani as a director on 3 October 2018
Confirmation statement made on 28 May 2018 with no updates
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