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Mainspring Properties Limited

03791246

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O SOBELL RHODES LLP THE KINETIC CENTRE, ELSTREE, BOREHAMWOOD, WD6 4PJ
Incorporated 17/06/1999

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 17/06/2025

Due 01/07/2026

On track

Industry

41100
Development of building projects

Officers

Mr Hubertus Kiesling

director · Since 19/04/2023

COMPANY DIRECTOR

AUSTRIAN · AUSTRIA · Age 33

Online Corporate Secretaries Limited

secretary · Since 05/02/2025

OTHER

Also on 3496 other boards

Persons with Significant Control

Mainspring Holdings Limited

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

C/O Sobell Rhodes Llp, The Kinetic Centre, Elstree, Borehamwood, WD6 4PJ

Reg: 03976035 · England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

SINGER & FRIEDLANDER LIMITED

Created 10/06/2002Registered 18/06/2002Satisfied 31/01/2025

CompanyRankvs 26146+ SIC 41100 peers
48

Financial strength95th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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26146Mainspring Properties Limited
58
How is this score calculated?
Financial strength24/25 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

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

Going Concern Doubt

of at least 12 months from the date these financial statements have been approved. On the basis of the above, the director is of the opinion that there is no material uncertainty relating to going concern and therefore it is appropriate to prepare these financial statements on a going concern basis. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or rec

Key FinancialsYear ending 31/12/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£53k

Cash in the bank

Net Current Assets

-£6.0M

Working capital

Current Assets

£320k

Current Liabilities

£6.3M

Fixed Assets

£12.9M

Debtors

£266k

0avg. employees-2

Balance Sheet

Assets less current liabilities£6.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05-£157k
20230.07+£1.0M
20211.13-£40k
20201.01-£52k
20190.87+£12k
20180.80—

Derived from filed accounts. Not audited figures.