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Union Property Development (Hexham) Limited

00544770

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O UNION PROPERTY SERVICES LTD 1ST FLOOR, COBALT 3.2,, NEWCASTLE UPON TYNE, NE27 0QJ
Incorporated 19/02/1955

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Naresh Abrol

director · Since 31/07/2018

DIRECTOR

BRITISH · ENGLAND · Age 52

Mrs Promila Sehgal

director · Since 31/07/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 7 other boards

Mr Raj Kumar Sehgal

director · Since 31/07/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 26 other boards

Persons with Significant Control

Union Property Development Limited

75–100% shares
75–100% votes
Appoint directors

C/O Union Property Services Limited, Silver Fox Way, Newcastle Upon Tyne, NE27 0QJ

Reg: 09636025 · Companies House · Limited Company

Notified 31/07/2018

Former PSCs

The Charlton Group Limited

Ceased 31/07/2018

Charges1 outstanding

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outstanding

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CompanyRankvs 60207+ SIC 82990 peers
38

Financial strength95th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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60207Union Property Development (Hexham) Limited
58
How is this score calculated?
Financial strength24/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below. 1.2 Going concern The financial statements have been prepared on a going concern basis which, in the opinion of the directors, is the appropriate basis. The company's ability to continue trading is d

Key FinancialsYear ending 31/05/2025

Net Worth

£749k

Balance sheet strength

Cash

£815k

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£1.1M

Current Liabilities

£2.3M

Debtors

£256k

0avg. employees

Balance Sheet

Assets less current liabilities£11.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.47+£11k
20240.51-£1.3M
20230.39+£2.0M
20220.22+£0
20211.15+£0
20201.77+£0
20192.14—

Derived from filed accounts. Not audited figures.