Back to search

Pip Commercial Developments Limited

06342319

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

THE OVAL, LEICESTER, LE1 7EA
Incorporated 14/08/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mrs Pramila Soar

secretary · Since 14/08/2007

BRITISH · ENGLAND · Age 52

Also on 9 other boards

Mr Arvinder Singh Soar

director · Since 14/08/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 17 other boards

Bhurpinder Singh Soar

director · Since 24/10/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Arvinder Singh Soar

25–50% shares
25–50% votes

British · United Kingdom · Age 55

The Oval, 57 New Walk, Leicester, LE1 7EA

Notified 06/04/2016

Mr Bhurpinder Singh Soar

25–50% shares
25–50% votes

British · England · Age 66

The Oval, 57 New Walk, Leicester, LE1 7EA

Notified 06/04/2016

Mrs Pramila Soar

Significant control

British · England · Age 52

The Oval, 57 New Walk, Leicester, LE1 7EA

Notified 06/04/2016

Former PSCs

Mr Michael John Robinson

Ceased 18/01/2017

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/04/2017Registered 19/05/2017
Charge
outstanding

LLOYDS BANK PLC

Created 26/04/2017Registered 26/04/2017
charge
satisfied

CLYDESDALE BANK PLC

Created 28/03/2008Registered 03/04/2008Satisfied 10/03/2017
charge
satisfied

CLYDESDALE BANK PLC

Created 16/01/2008Registered 31/01/2008Satisfied 01/04/2017

CompanyRankvs 42893+ SIC 68100 peers
45

Financial strength80th percentile among SIC peers · 20/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Land Management Group Limited
90
8Abbott Bros.(Kent),Limited
90
9Stonewood Securities Limited
90
10Braintree Bungalows Limited
90
42893Pip Commercial Developments Limited
55
How is this score calculated?
Financial strength20/25 pts

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

Employees3/15 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

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

Key FinancialsYear ending 31/08/2024

Net Worth

£56k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£117k

Working capital

Current Assets

£7k

Current Liabilities

£124k

Fixed Assets

£300k

0avg. employees-2

Tax at Year End(2018)

Corp tax£146

Balance Sheet

Assets less current liabilities£183k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06+£14k
20230.06+£14k
20220.04+£6k
20210.14+£6k
20200.07+£7k
20190.07-£5k
20180.11—

Derived from filed accounts. Not audited figures.