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Spearpoint Properties Limited

03040222

active
Private Limited Company
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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2ND FLOOR - PARKGATES BURY NEW ROAD, MANCHESTER, M25 0TL
Incorporated 31/03/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Abraham Gratt

director · Since 03/02/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 4 other boards

Mrs Chana Teller

secretary · Since 05/02/2023

Persons with Significant Control

Prestige Companies Ltd

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

115, Craven Park Road, London, N15 6BL

Reg: 11380013 · Companies House · Limited Company

Notified 30/11/2022

Former PSCs

Ben Amram Charitable Trust

Ceased 14/09/2022

Mr Jacob Posen

Ceased 03/02/2023

Charges1 outstanding

Charge
outstanding

LENDCO LIMITED

Created 25/05/2023Registered 25/05/2023
Charge
satisfied

ONESAVINGS BANK PLC

Created 04/04/2017Registered 06/04/2017Satisfied 25/05/2023
Charge
satisfied

LLOYDS BANK PLC

Created 18/07/2016Registered 03/08/2016Satisfied 25/04/2017
Charge
satisfied

LLOYDS BANK PLC

Created 16/05/2016Registered 17/05/2016Satisfied 25/04/2017
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 23/09/1997Registered 27/09/1997Satisfied 25/04/2017
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 23/09/1997Registered 27/09/1997Satisfied 25/04/2017
charge
satisfied

UNITED MIZRAHI BANK LIMITED

Created 28/09/1995Registered 04/10/1995Satisfied 21/07/2016
charge
satisfied

UNITED MIZRAHI BANK LIMITED

Created 28/09/1995Registered 04/10/1995Satisfied 25/04/2017
charge
satisfied

UNITED MIZRAHI BANK LIMITED

Created 28/09/1995Registered 29/09/1995Satisfied 25/04/2017

CompanyRankvs 8393+ SIC 68209 peers
72

Financial strength93th percentile among SIC peers · 23/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 8204.48× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2024

Net Worth

£1.1M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£738k

Working capital

Current Assets

£738k

Current Liabilities

£90

Fixed Assets

£1.2M

1avg. employees

Tax at Year End(2021)

Corp tax£2k

Balance Sheet

Assets less current liabilities£1.9M
Signed by 03040222 2023-05-01 2024-04-30 03040222 2024-04-30 03040222 bus: 1 1 2024-04-30 03040222 core:CurrentFinancialInstrumentPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20248204.48-£66k
202326.01+£29k
202216.70+£99k
202134.64-£2k
202025.18+£892k
201924.12+£8k
201827.82

Derived from filed accounts. Not audited figures.