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Aad Properties Limited

05822855

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

70 THE GALLERIES, WASHINGTON, NE38 7RR
Incorporated 19/05/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Alex Dobbing

secretary · Since 19/05/2006

BRITISH · ENGLAND · Age 71

Also on 12 other boards

Mr Alex Dobbing

director · Since 18/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 12 other boards

Mrs Maxine Dobbing

director · Since 18/02/2014

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 6 other boards

Persons with Significant Control

Mrs Maxine Dobbing

25–50% shares
25–50% votes

British · England · Age 49

Unit 70, Washington Centre, Washington, NE38 7SB

Notified 06/04/2016

Mr Alex Dobbing

25–50% shares
25–50% votes

British · England · Age 71

Unit 70, Washington Centre, Washington, NE38 7SB

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

WEARSIDE ACCOMMODATION SERVICES LIMITED

Created 02/04/2025Registered 03/04/2025
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 22/01/2019Registered 12/02/2019
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 21/11/2018Registered 10/12/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/06/2009Registered 17/06/2009Satisfied 28/03/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/01/2008Registered 08/01/2008Satisfied 28/03/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/05/2007Registered 30/05/2007Satisfied 28/03/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/07/2006Registered 19/07/2006Satisfied 28/03/2019

CompanyRankvs 7095+ SIC 41100 peers
65

Financial strength91th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.11× · 12/20
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 strength23/25 pts

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

Employees10/15 pts

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

Liquidity12/20 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 30/09/2024

Net Worth

£638k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£522k

Current Liabilities

£471k

Debtors

£177k

2avg. employees

Tax at Year End(2018)

Corp tax£5k

Director Loans(2018)

Company owes directors£436k

Balance Sheet

Bank loans & overdrafts£204k
Assets less current liabilities£835k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.11+£35k
20231.01+£341k
20210.65+£137k
20200.71+£40k
20190.62+£44k
20180.20

Derived from filed accounts. Not audited figures.