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Sullivan Properties Limited

02089369

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

RECOVERY HOUSE, HAINAULT BUSINESS PARK, ILFORD, IG6 3TU
Incorporated 14/01/1987

Compliance

Last accounts

28/02/2025

unaudited abridged

Accounts

Up to date

Confirmation statement

Last: 21/12/2024

Due

On track

Industry

46630
Wholesale of mining, construction and civil engineering machinery
68209
Other letting and operating of own or leased real estate

Officers

Mrs Celina Sullivan

director · Since 31/12/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 80

Karen Sullivan

secretary · Since 18/04/1994

COMPANY DIRECTOR

BRITISH · Age 53

Ms Karen Sullivan

director · Since 12/01/2017

ADMINISTRATOR

BRITISH · BRITAIN · Age 53

Mr James Michael Sullivan

director · Since 01/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mrs Celina Sullivan

75–100% shares

British · England · Age 80

Recovery House, Hainault Business Park, 15-17 Roebuck Road, Ilford, IG6 3TU

Notified 06/04/2016

Ms Karen Sullivan

25–50% shares
25–50% votes

British · England · Age 53

Recovery House, Hainault Business Park, 15-17 Roebuck Road, Ilford, IG6 3TU

Notified 26/03/2018

Mr James Michael Sullivan

25–50% shares
25–50% votes

British · England · Age 57

Recovery House, Hainault Business Park, 15-17 Roebuck Road, Ilford, IG6 3TU

Notified 26/03/2018

Former PSCs

Mr James Joseph Sulivan

Ceased 07/08/2022

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 19/02/2014Registered 22/02/2014Satisfied 23/09/2024
charge
satisfied

BARCLAYS BANK PLC

Created 14/09/1999Registered 17/09/1999Satisfied 20/09/2022

Insolvency History1 case

members voluntary liquidation21/03/2025

Alan John Clark (practitioner) · Jenny Poleykett (practitioner)

CompanyRankvs 15+ SIC 46630 peers
40

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 8.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£7.9M

Balance sheet strength

Cash

£6.5M

Cash in the bank

Net Current Assets

£6.0M

Working capital

Current Assets

£6.8M

Current Liabilities

£806k

Fixed Assets

£1.9M

Debtors

£283k

2avg. employees

Balance Sheet

Assets less current liabilities£7.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20258.44+£4.3M
2024108.15+£33k
2023378.70—

Derived from filed accounts. Not audited figures.