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London & City Properties Plc

01974162

active
Public Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 11 outstanding charges (-10)

Details

HASLERS HAWKE HOUSE, LOUGHTON, IG10 4PL
Incorporated 30/12/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Richard Rains

secretary · Since 13/09/1991

BRITISH · ENGLAND · Age 58

Also on 6 other boards

Mr Raymond Spencer Rains

director · Since 13/09/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 82

Also on 6 other boards

Mr Richard Rains

director · Since 13/09/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 6 other boards

Persons with Significant Control

Mr Raymond Spencer Rains

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust

British · England · Age 82

Haslers, Hawke House, Loughton, IG10 4PL

Notified 29/06/2016

Mr Richard Rains

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust

British · United Kingdom · Age 58

Haslers, Hawke House, Loughton, IG10 4PL

Notified 27/10/2023

Former PSCs

Mr Richard Rains

Ceased 29/06/2016

Charges11 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 16/09/2013Registered 20/09/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 27/08/2013Registered 04/09/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 27/08/2013Registered 04/09/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 27/08/2013Registered 04/09/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 27/08/2013Registered 04/09/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 27/08/2013Registered 04/09/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 27/08/2013Registered 04/09/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 27/08/2013Registered 04/09/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 27/08/2013Registered 04/09/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 27/08/2013Registered 04/09/2013
charge
outstanding

BARCLAYS BANK PLC

Created 15/03/1994Registered 22/03/1994
charge
satisfied

BARCLAYS BANK PLC

Created 16/12/1986Registered 22/12/1986

CompanyRankvs 243+ SIC 41100 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 17.39× · 20/20
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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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£3.8M

Annual revenue

Net Worth

£9.6M

Balance sheet strength

Cash

£5.4M

Cash in the bank

Profit Before Tax

£485k

Bottom line earnings

Net Current Assets

£8.2M

Working capital

Current Assets

£8.6M

Current Liabilities

£497k

Fixed Assets

£1.7M

Debtors

£1.1M

Cost of Sales

£3.8M

Gross Profit

£49k

Admin Expenses

£194k

Operating Profit

£311k

Profit After Tax

£364k

4avg. employees

Tax at Year End

Corp tax£121k
Dividends paid-£80k

People Costs

Wages & salaries£18k
NI contributions£1k

Balance Sheet

Assets less current liabilities£9.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202517.39+£284k
202420.69+£66k
202320.02

Derived from filed accounts. Not audited figures.