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Papathomas Developments Limited

05690903

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)
  • 5 outstanding charges (-10)

Details

1 KINGS AVENUE, LONDON, N21 3NA
Incorporated 30/01/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mr Georgios Papathomas

director · Since 30/01/2006

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Mr Sotirios Papathomas

director · Since 16/01/2013

SHOP ASSISTANT

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Papathomas Holdings Ltd

75–100% shares
75–100% votes

1 Kings Avenue, London, N21 3NA

Reg: 11436653 · England And Wales · Private Limited Company

Notified 19/07/2018

Former PSCs

Mr George Papathomas

Ceased 19/07/2018

Mr Spyridon Papathomas

Ceased 19/07/2018

Charges5 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 18/08/2023Registered 21/08/2023
Charge
outstanding

YORKSHIRE BUILDING SOCIETY (TRADING AS NORWICH & PETERBOROUGH BUILDING SOCIETY)

Created 06/11/2015Registered 09/11/2015
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/03/2013Registered 14/03/2013
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/01/2013Registered 02/02/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/11/2011Registered 17/11/2011Satisfied 25/09/2012
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/12/2006Registered 21/12/2006

CompanyRankvs 11349+ SIC 41100 peers
60

Financial strength72th percentile among SIC peers · 18/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.72× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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11349Papathomas Developments Limited
70
How is this score calculated?
Financial strength18/25 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.

Liquidity20/20 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 30/11/2024

Net Worth

£35k

Balance sheet strength

Cash

£87k

Cash in the bank

Net Current Assets

£784k

Working capital

Current Assets

£1.2M

Current Liabilities

£457k

Fixed Assets

£178

Debtors

£646k

0avg. employees

Tax at Year End(2019)

Corp tax£210

Balance Sheet

Bank loans & overdrafts£584k
Assets less current liabilities£784k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.72+£1k
20232.79-£4k
20222.88-£53k
20212.64+£29k
20202.57+£27k
20192.61-£449k
201850.39—

Derived from filed accounts. Not audited figures.