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Nationwide Commercial Estates Ltd

06161638

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

GLENFIELD PARK, BLACKBURN, BB1 5PF
Incorporated 15/03/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Mustaq Ahmed Ismail Patel

director · Since 01/09/2011

NONE

BRITISH · UNITED KINGDOM · Age 53

Also on 22 other boards

Persons with Significant Control

Mr Mustaq Ahmed Ismail Patel

75–100% shares
75–100% votes

British · United Kingdom · Age 53

Glenfield Park, Philips Road, Blackburn, BB1 5PF

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 22/04/2021Registered 29/04/2021
charge
outstanding

ALDERMORE BANK PLC

Created 18/09/2012Registered 20/09/2012
charge
outstanding

ALDERMORE BANK PLC

Created 18/09/2012Registered 20/09/2012
charge
satisfied

NORTHERN ROCK PLC

Created 08/06/2007Registered 15/06/2007Satisfied 13/02/2015

CompanyRankvs 21198+ SIC 68100 peers
59

Financial strength97th percentile among SIC peers · 24/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.91× · 6/20
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 strength24/25 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 31/10/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£236k

Current Liabilities

£260k

Debtors

£180k

1avg. employees

Balance Sheet

Assets less current liabilities£4.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.91+£16k
20231.28+£88k
20221.22-£44k
20211.65+£69k
20200.24+£1.1M
20190.17-£2k
20180.01

Derived from filed accounts. Not audited figures.