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Precis Properties Limited

03359880

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

3 QUEENS GARDENS, LONDON, W2 3BA
Incorporated 25/04/1997

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 16/08/2025

Due 30/08/2026

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr Satish Menon

secretary · Since 16/08/2002

CORPORATE ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 66

Also on 26 other boards

Mrs Clare Lucy Glass

director · Since 04/03/2017

DIRECTOR

BRITISH · NORTHERN IRELAND · Age 51

Also on 42 other boards

Mr Dhirendra Bakhai

director · Since 21/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 30 other boards

Mr Satish Vattaparambil Menon

director · Since 21/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 4 other boards

Persons with Significant Control

Precis Investments Limited

75–100% shares

27, Devonshire Terrace, London, W2 3DP

Reg: 05648665 · England & Wales · Limited Company

Notified 11/08/2016

Charges9 outstanding

Charge
outstanding

AAREAL BANK AG, WIESBADEN AS SECURITY AGENT FOR THE FINANCE PARTIES (SECURITY AGENT)

Created 22/06/2016Registered 24/06/2016
charge
outstanding

BANK OF SCOTLAND PLC

Created 23/05/2012Registered 02/06/2012
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 23/03/2007Registered 28/03/2007
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 01/12/2006Registered 08/12/2006
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 05/12/2005Registered 09/12/2005
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 05/12/2005Registered 09/12/2005
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 28/02/2003Registered 05/03/2003
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 28/02/2003Registered 05/03/2003
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 28/02/2003Registered 05/03/2003
charge
satisfied

HSBC BANK PLC

Created 26/04/2000Registered 28/04/2000Satisfied 13/04/2007
charge
satisfied

MIDLAND BANK PLC

Created 29/06/1999Registered 14/07/1999Satisfied 13/04/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/07/1997Registered 16/07/1997Satisfied 13/04/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/07/1997Registered 09/07/1997Satisfied 13/04/2007

CompanyRankvs 6765+ SIC 55100 peers
32

Financial strength33th percentile among SIC peers · 8/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.08× · 2/20
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 strength8/25 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

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

£2

Balance sheet strength

Cash

£797k

Cash in the bank

Net Current Assets

-£17.2M

Working capital

Current Assets

£1.6M

Current Liabilities

£18.8M

Fixed Assets

£0

Debtors

£786k

Profit After Tax

-£294k

0avg. employees-24

Balance Sheet

Assets less current liabilities-£17.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.08
20240.07
20230.12
20220.07

Derived from filed accounts. Not audited figures.