−£197k
vs Mar 2025Active05088580Private limited companyWolverhampton
KARMA DEVELOPMENT COMPANY LIMITED
Significant control: Stephen Desmond Mahoney (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Karma Development Company Limited sell?
Registered activity: Development of building projects (SIC 41100). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
KARMA DEVELOPMENT COMPANY LIMITED is an active private limited company (company number 05088580) incorporated on 30 March 2004, registered in Wolverhampton. Its registered activity is development of building projects (SIC 41100). Latest micro accounts cover the period ending 30 March 2026, showing net assets of −£197k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 9% on the prior period (−£180k). Across the last 3 periods on record the net-asset trend is falling.
Peer position · net assets
By net assets it sits in the bottom quarter of 3,002 comparable companies in Birmingham (median £233, upper quartile £41k).
02
Ownership and control
- Mr Stephen Desmond Mahoney
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 30 March 200422 yrs ago
- Next accounts due
- 30 December 2027in 428 days
- Confirmation statement due
- 13 April 2027in 167 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 41100
- Development of building projects
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
0
−100%vs Mar 2025| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 March 2026 | −£197k | — | — | £76k | — | — | 0 |
| 30 March 2025 | −£180k | — | — | £79k | — | — | 2 |
| 30 March 2024 | −£151k | — | — | £34k | — | — | 2 |
Current ratio7.87Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets below zeroNet assets £-196,528 at 30 March 2026
- Current assets at least 1.5× creditors within one yearCurrent ratio 7.87
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 30 March 2004
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 428 days
- Confirmation statement duein 167 days
- Accounts period endNet liabilities £197k · micro accounts
- Accounts period endNet liabilities £180k · micro accounts
- Accounts period endNet liabilities £151k · micro accounts
- Incorporated
08
Similar companies in Birmingham
- WELLS DEVELOPMENT COMPANY LIMITEDStourbridge · inc. Mar 2004
- NEDIC TRANSPORT & PLANT HIRE LIMITEDWolverhampton · inc. Apr 2004
- J. DHILLON INVESTMENTS LIMITEDBeoley · inc. Apr 2004
- CENTRAL & COUNTRY CONSTRUCTION LTDCannock · inc. Apr 2004
- IRIS CONSTRUCTION PROJECTS LIMITEDRedditch · inc. Apr 2004
- INCL. LIMITEDBirmingham 13 · inc. Mar 2004
All companies incorporated on 30 March 2004 · in Mar 2004.
09
Reminders for KARMA DEVELOPMENT COMPANY LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.