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Byrne Properties Limited

02655319

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

6 WHARF STUDIOS, LONDON, N1 7GR
Incorporated 18/10/1991

Compliance

Last accounts

30/09/2024

small

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 02/11/2025

Due 16/11/2026

On track

Industry

41100
Development of building projects

Officers

Mr Cormac James Byrne

director · Since 18/10/1991

COMPANY DIRECTOR

IRISH · UNITED KINGDOM · Age 74

Also on 34 other boards

Persons with Significant Control

Mr Cormac James Byrne

25–50% shares
25–50% votes

Irish · England · Age 74

6 Wharf Studios, 28 Wharf Road, London, N1 7GR

Notified 06/04/2016

Former PSCs

Mr Patrick Joseph Byrne

Ceased 26/07/2024

Charges1 outstanding

Charge
outstanding

COHORT CAPITAL LTD

Created 01/05/2026Registered 01/05/2026
Charge
satisfied

HCC INTERNATIONAL INSURANCE COMPANY PLC

Created 28/01/2026Registered 04/02/2026Satisfied 12/05/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 29/10/2004Registered 11/11/2004Satisfied 11/05/2017
charge
satisfied

LLOYDS TSB BANK PLC

Created 29/10/2004Registered 11/11/2004Satisfied 29/04/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 29/10/2004Registered 11/11/2004Satisfied 11/05/2017
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 24/09/2002Registered 01/10/2002Satisfied 09/02/2005
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 15/03/2002Registered 04/04/2002Satisfied 09/02/2005
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 15/03/2002Registered 04/04/2002Satisfied 09/02/2005
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 15/03/2002Registered 04/04/2002Satisfied 09/02/2005
charge
satisfied

ANGLO IRISH BANK CORPORATION PLC

Created 09/10/1998Registered 14/10/1998Satisfied 26/09/2002
charge
satisfied

CORMAC BYRNE

Created 13/06/1994Registered 30/06/1994Satisfied 30/06/2022
charge
satisfied

BERNARD BYRNE

Created 13/06/1994Registered 30/06/1994Satisfied 17/11/2004
charge
satisfied

PATRICK BYRNE

Created 13/06/1994Registered 30/06/1994Satisfied 08/06/2022
charge
satisfied

ALLIED IRISH BANKS PLC

Created 04/03/1994Registered 11/03/1994Satisfied 21/10/1998

CompanyRankvs 24722+ SIC 41100 peers
39

Financial strength100th percentile among SIC peers · 25/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.11× · 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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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.

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

3 February 2027. BYRNE PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 1 Accounting policies (Continued) - 4 - Material uncertainty related to going concern Following a fellow group company, Ardmore Construction Limited, entering administration in August 2025 the Company and Group are exposed to the potential for Building Liability Orders (“

Key FinancialsYear ending 30/09/2024

Net Worth

£22.9M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

-£27.5M

Working capital

Current Assets

£3.6M

Current Liabilities

£31.1M

Debtors

£2.3M

Profit After Tax

£12.3M

0avg. employees-1000

Tax at Year End

Dividends paid£1.5M

Balance Sheet

Assets less current liabilities£28.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11+£4.6M
20230.03+£10.8M
20220.02

Derived from filed accounts. Not audited figures.