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Ragi Properties Limited

03335897

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PREBEND HOUSE, LEICESTER, LE2 0QR
Incorporated 19/03/1997

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/06/2025

Due 02/07/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Sarbjit Singh Ragi

secretary · Since 20/03/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 7 other boards

Mrs Joginder Kaur

director · Since 20/03/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Mr Sarbjit Singh Ragi

director · Since 20/03/1997

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 7 other boards

Mr Bhajan Singh

director · Since 20/03/1997

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 2 other boards

Persons with Significant Control

Mr Sarbjit Singh Ragi

25–50% shares
25–50% votes

British · England · Age 53

Prebend House, Leicester, LE2 0QR

Notified 06/04/2016

Mr Bhajan Singh Ragi

25–50% shares
25–50% votes

British · England · Age 73

Prebend House, Leicester, LE2 0QR

Notified 06/04/2016

Mrs Joginder Kaur

25–50% shares
25–50% votes

British · England · Age 74

Prebend House, Leicester, LE2 0QR

Notified 27/10/2020

Charges2 outstanding

charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 24/05/2010Registered 12/10/2010Satisfied 03/02/2020
charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 28/09/2010Registered 30/09/2010Satisfied 10/03/2020
charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 19/07/2010Registered 21/07/2010Satisfied 04/09/2020
charge
outstanding

CAPITAL HOME LOANS LIMITED

Created 02/10/2006Registered 07/10/2006
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 19/07/2006Registered 21/07/2006Satisfied 01/04/2015
charge
outstanding

CAPITAL HOME LOANS LIMITED

Created 14/06/2006Registered 20/06/2006
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 30/03/2005Registered 01/04/2005Satisfied 19/02/2019
charge
satisfied

NORWICH AND PETERBOROUGH BUILDING SOCIETY

Created 03/02/2005Registered 09/02/2005Satisfied 01/04/2015
charge
satisfied

MIDLAND BANK PLC

Created 14/04/1997Registered 16/04/1997Satisfied 01/04/2015

CompanyRankvs 5446+ SIC 68100 peers
68

Financial strength100th percentile among SIC peers · 25/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 7.77× · 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 strength25/25 pts

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

Employees3/15 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 31/03/2025

Net Worth

£10.6M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.2M

Current Liabilities

£152k

Fixed Assets

£13.5M

Debtors

£22k

Profit After Tax

£257k

0avg. employees-3

Tax at Year End

Corp tax£101k
Dividends paid£48k

Balance Sheet

Assets less current liabilities£14.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20257.77+£541k
20248.71+£210k
20239.09+£79k
20226.99+£259k
20213.73+£466k
20202.02+£449k
20192.28

Derived from filed accounts. Not audited figures.