Back to search

Usebank Ltd

05457468

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
58 / 100

Notable Risks

30/30
Filing
10/30
Financial
18/40
Risk
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

FIRST FLOOR, WINSTON HOUSE, LONDON, N3 1DH
Incorporated 19/05/2005

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

24/02/2027

On track

Confirmation statement

Last: 19/05/2026

Due 02/06/2027

On track

Industry

42990
Construction of other civil engineering projects
68209
Other letting and operating of own or leased real estate

Officers

Mr Zev Arieh Shainfeld

secretary · Since 07/06/2005

CO DIRECTOR

BELGIAN · UNITED KINGDOM · Age 47

Also on 19 other boards

Mr Zev Arieh Shainfeld

director · Since 07/06/2005

CO DIRECTOR

BELGIAN · UNITED KINGDOM · Age 47

Also on 19 other boards

Persons with Significant Control

Mr Zev Arieh Shainfeld

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

Belgian · United Kingdom · Age 47

First Floor, Winston House, 349 Regents Park Road, London, N3 1DH

Notified 06/04/2016

Former PSCs

Mr Yechezkl Benesh

Ceased 19/07/2021

Charges1 outstanding

Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 04/05/2017Registered 08/05/2017
charge
satisfied

MORTGAGE EXPRESS

Created 19/10/2007Registered 24/10/2007Satisfied 06/10/2022
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 25/09/2007Registered 05/10/2007Satisfied 02/12/2024
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 29/12/2006Registered 04/01/2007Satisfied 02/12/2024
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 20/10/2006Registered 26/10/2006Satisfied 10/07/2024
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 31/03/2006Registered 13/04/2006Satisfied 10/07/2024
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 31/03/2006Registered 13/04/2006Satisfied 02/12/2024
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 04/07/2005Registered 16/07/2005Satisfied 10/07/2024
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 04/07/2005Registered 09/07/2005Satisfied 10/07/2024

Insolvency History1 case

in administration

Catherine Williamson (practitioner) · Andrew Graham Palmer (practitioner) · Simon Wilson (practitioner)

CompanyRankvs 6689+ SIC 42990 peers
34

Financial strength84th percentile among SIC peers · 21/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
Show leaderboard
1J.T.Mackley & Co.Limited
90
2Lowery Limited
90
3Arthur Stephenson(Engineers)Limited
90
4Henderson & Taylor Public Works Limited
90
5R.P. Tyson Construction Limited
90
6B.& M.Mchugh Limited
90
7Huyton Asphalt Limited
90
8Manchester And Cheshire Construction Company Limited
90
9Peter Duffy Limited
90
10Forkers Limited
90
6689Usebank Ltd
54
How is this score calculated?
Financial strength21/25 pts

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

Employees1/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

£296k

Balance sheet strength

Cash

£218k

Cash in the bank

Net Current Assets

-£322k

Working capital

Current Assets

£284k

Current Liabilities

£606k

Fixed Assets

£800k

Debtors

£67k

0avg. employees

Balance Sheet

Assets less current liabilities£478k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.47+£0
20250.47+£242k
20240.15+£8k
20230.20—

Derived from filed accounts. Not audited figures.