# ECONOMIC DEVELOPMENT INCORPORATED LTD (13125262)

> ECONOMIC DEVELOPMENT INCORPORATED LTD is an active private limited company (company number 13125262) incorporated on 11 January 2021, registered in Mitcham. Its registered activity is management consultancy activities other than financial management (SIC 70229). Latest abridged accounts cover the period ending 30 June 2025, showing net assets of −£47k and cash of £17k, with 2 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 3% on the prior period (−£49k).

- Status: Active
- Incorporated: 2021-01-11
- Registered office: Mitcham, CR4 3JN
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2027-03-30
- Confirmation statement due: 2027-01-25
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the bottom quarter of 15,133 comparable companies in Greater London (median £4,103, upper quartile £37k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-30 | −£47k | £17k | £24k | £88k | — | — | 2 |
| 2024-06-30 | −£49k | £0 | — | £49k | — | — | 2 |

current ratio 0.46; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-47,332 at 30 June 2025
- Current assets below creditors within one year: Current ratio 0.46
- Incorporated five or more years ago: Incorporated 11 January 2021

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Majdi Haj Khalil — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-01-11

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/13125262
HTML: https://firmoscan.com/company/13125262-economic-development-incorporated-ltd