PANESAR DEVELOPMENTS LTD
Company number 11355244 · Active · Coventry CV1 3HF
PANESAR DEVELOPMENTS LTD is an active private limited company (company number 11355244) incorporated on 10 May 2018, registered in Coventry. Its registered activity is information technology consultancy activities (SIC 62020). Latest micro accounts cover the period ending 31 May 2025, showing net assets of £34k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 27% on the prior period (£47k).
By net assets it sits in the upper half of 1,310 comparable companies in Coventry (median £7,887, upper quartile £44k).
Key dates
- Incorporated
- 10 May 2018
- Next accounts due
- 28 February 2027 — in 134 days
- Confirmation statement due
- 24 May 2027 — in 219 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62020
- Information technology consultancy activities
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 May 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | £34k | — | — | £16k | — | — | 1 |
| 31 May 2024 | £47k | — | — | £45k | — | — | 1 |
- Current ratio
- 3.16 — comfortable
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.
Firmoscan score: 68/100 (grade B)
- +10 Positive net assets — Net assets £34,426 at 2025-05-31
- -8 Net assets falling — -27.0% vs prior period
- +8 Comfortable liquidity — Current ratio 3.16
- +8 Established — Incorporated 2018-05-10 (8 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Peter Hewitt — owns 75–100% of shares; holds 75–100% of voting rights · since 1 June 2018
- Mrs Varinder Kaur Panesar — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 10 May 2018 · ceased 1 June 2018
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Coventry
Same activity (information technology consultancy activities), closest in incorporation date.
- GALVINUS LTD — Stratford Upon Avon, inc. May 2018
- THIS COMPANY (DIGITAL) LIMITED — Nuneaton, inc. May 2018
- MANTON GROUP LIMITED — Coventry, inc. May 2018
- TECHBOOQ LTD — Kenilworth, inc. May 2018
- RISHIK INFOTECH LIMITED — Rugby, inc. May 2018
- PHERLOCK LIMITED — Rugby, inc. Apr 2018
Reminders for PANESAR DEVELOPMENTS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.