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Maqdad Limited

04938482

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 10 outstanding charges (-10)

Details

6 SOUTHGATE ROAD, LONDON, N1 3LY
Incorporated 21/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Panahi Wahid

director · Since 21/10/2003

MANAGER

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Persons with Significant Control

Maqdad Holdings Ltd

50–75% shares
50–75% votes
Appoint directors

C/O Michael Filiou Ltd Salisbury House, 81 High Street, Potters Bar, EN6 5AS

Reg: 16748107 · England And Wales · Private Limited Company

Notified 02/11/2025

Former PSCs

Mr Panahi Wahid

Ceased 02/11/2025

Mrs Latifa Wahid

Ceased 09/12/2022

Mrs Latifa Wahid

Ceased 02/11/2025

Charges10 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 05/04/2023Registered 12/04/2023
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outstanding

LENDWELL FUNDING 1 LIMITED

Created 25/01/2023Registered 30/01/2023
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outstanding

UNITED TRUST BANK LIMITED

Created 25/01/2023Registered 25/01/2023
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 25/01/2023Registered 25/01/2023
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 25/01/2023Registered 25/01/2023
Charge
outstanding

LENDWELL FUNDING 1 LIMITED

Created 03/02/2022Registered 04/02/2022
Charge
outstanding

LLOYDS BANK PLC

Created 15/10/2021Registered 18/10/2021
Charge
satisfied

LLOYDS BANK PLC

Created 17/05/2019Registered 17/05/2019Satisfied 03/11/2021
Charge
outstanding

LLOYDS BANK PLC

Created 26/04/2016Registered 28/04/2016
charge
outstanding

LLOYDS TSB BANK PLC

Created 25/01/2013Registered 29/01/2013
charge
outstanding

LLOYDS TSB BANK PLC

Created 16/01/2013Registered 17/01/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/10/2007Registered 09/11/2007Satisfied 28/06/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 03/07/2006Registered 07/07/2006Satisfied 24/04/2009

CompanyRankvs 41915+ SIC 68209 peers
60

Financial strength99th percentile among SIC peers · 25/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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41915Maqdad Limited
66
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.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 29/09/2024

Net Worth

£5.5M

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£589k

Working capital

Current Assets

£1.6M

Current Liabilities

£2.2M

Fixed Assets

£11.7M

Debtors

£1.6M

Profit After Tax

£198k

1avg. employees

Tax at Year End

Dividends paid£100k

Balance Sheet

Bank loans & overdrafts£4.3M
Assets less current liabilities£11.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73+£98k
20230.77-£2.4M
20220.07+£5.7M
20211.41+£486k
20201.41-£288k
20190.78+£75k
20180.34—

Derived from filed accounts. Not audited figures.