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Michael Sehgal Property Company Limited

03598921

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

17 UNIT 17 AIRPORT INDUSTRIAL ESTATE, NEWCASTLE UPON TYNE, NE3 2EF
Incorporated 16/07/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Robin Sehgal

secretary · Since 16/07/1998

DRAPER

BRITISH · UNITED KINGDOM · Age 56

Also on 17 other boards

Mr Jai Deip Sehgal

director · Since 16/07/1998

WHOLESALER

BRITISH · UNITED KINGDOM · Age 59

Also on 5 other boards

Mr Robin Sehgal

director · Since 16/07/1998

WHOLESALER

BRITISH · UNITED KINGDOM · Age 56

Also on 17 other boards

Mrs Purnima Sehgal Ba Hons Aca

director · Since 31/01/2010

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Mrs Kiran Sehgal

director · Since 04/04/2018

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 5 other boards

Persons with Significant Control

Former PSCs

Mr Robin Sehgal

Ceased 30/06/2016

Mr Jai Deip Sehgal

Ceased 30/06/2016

Charges16 outstanding

Charge
outstanding

TRUSTEES OF MICHAEL SEHGAL AND SONS LTD PENSION FUND

Created 09/05/2025Registered 20/05/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 02/05/2024Registered 13/05/2024
Charge
outstanding

HANDELSBANKEN PLC

Created 01/03/2022Registered 02/03/2022
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/03/2017Registered 27/03/2017
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/03/2017Registered 27/03/2017
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/03/2017Registered 27/03/2017
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/03/2017Registered 27/03/2017
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/03/2017Registered 27/03/2017
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/03/2017Registered 27/03/2017
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 23/03/2017Registered 27/03/2017
Charge
satisfied

VEEN SEHGAL · JAI DEIP SEHGAL · ROBIN SEHGAL · SUNTRUST LIMITED · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 14/11/2013Registered 29/11/2013Satisfied 23/03/2017
charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 03/11/2011Registered 04/11/2011
charge
satisfied

MANHOHAR LAL SEHGAL, VEENA SEHGAL, KIRAN SEHGAL, ROBIN SEHGAL, PURNIMA SEHGAL, MICHAEL SEHGAL &

Created 31/07/2009Registered 05/01/2011Satisfied 16/12/2013
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 21/12/2010Registered 22/12/2010
charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 14/12/2010Registered 17/12/2010
charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 12/06/2009Registered 17/06/2009
charge
satisfied

MICHAEL SEHGAL AND SONS LTD PENSION FUND

Created 21/11/2008Registered 22/11/2008Satisfied 16/12/2013
charge
outstanding

SVENSKA HANDELSBANKEN AB

Created 09/08/2004Registered 10/08/2004
charge
outstanding

SVENSKA HANDELSBANKEN AB,

Created 01/09/2003Registered 02/09/2003
charge
outstanding

SVENSKA HANDELSBANKEN AB,

Created 01/09/2003Registered 02/09/2003
charge
satisfied

BARCLAYS BANK PLC

Created 25/02/1999Registered 05/03/1999Satisfied 03/09/2003

CompanyRankvs 11112+ SIC 68100 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.2× · 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 strength25/25 pts

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

Employees15/15 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

£5.0M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

-£4.6M

Working capital

Current Assets

£1.1M

Current Liabilities

£5.7M

Fixed Assets

£9.8M

Debtors

£101k

4avg. employees-1

Tax at Year End

Corp tax£2k

Balance Sheet

Assets less current liabilities£5.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.20-£184k
20240.25-£149k
20230.26+£130k
20220.32+£246k
20210.29+£16k
20200.32+£393k
20190.17

Derived from filed accounts. Not audited figures.