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Premier Ground Rents No.2 Limited

06820623

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

UNIT 12 BEECH COURT, WOKINGHAM ROAD, READING, RG10 0RQ
Incorporated 16/02/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Mr Michael Stuart Moore

director · Since 16/02/2009

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 21 other boards

Charges6 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 01/09/2017Registered 04/09/2017
Charge
outstanding

TMF TRUSTEE LIMITED

Created 10/11/2016Registered 24/11/2016
Charge
outstanding

TMF TRUSTEE LIMITED AS SECURITY AGENT

Created 29/03/2016Registered 31/03/2016
Charge
outstanding

LLOYDS TSB BANK PLC

Created 16/09/2013Registered 18/09/2013
Charge
outstanding

LLOYDS TSB BANK PLC

Created 08/07/2013Registered 20/07/2013
Charge
outstanding

LLOYDS TSB BANK PLC

Created 05/07/2013Registered 10/07/2013
charge
satisfied

BARCLAYS BANK PLC

Created 18/12/2012Registered 21/12/2012Satisfied 19/07/2013
charge
satisfied

BARCLAYS BANK PLC

Created 22/11/2012Registered 29/11/2012Satisfied 19/07/2013
charge
satisfied

BARCLAYS BANK PLC

Created 24/09/2012Registered 03/10/2012Satisfied 19/07/2013
charge
satisfied

BARCLAYS BANK PLC

Created 24/09/2012Registered 03/10/2012Satisfied 19/07/2013
charge
satisfied

BARCLAYS BANK PLC

Created 20/09/2011Registered 24/09/2011Satisfied 19/07/2013
charge
satisfied

BARCLAYS BANK PLC

Created 23/08/2011Registered 01/09/2011Satisfied 19/07/2013
charge
satisfied

BARCLAYS BANK PLC

Created 17/08/2011Registered 19/08/2011Satisfied 19/07/2013
charge
satisfied

BARCLAYS BANK PLC

Created 17/08/2011Registered 19/08/2011Satisfied 19/07/2013
charge
satisfied

BARCLAYS BANK PLC

Created 10/06/2011Registered 15/06/2011Satisfied 02/10/2013
charge
satisfied

BARCLAYS BANK PLC

Created 10/06/2011Registered 15/06/2011Satisfied 19/07/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 26/02/2010Registered 03/03/2010Satisfied 19/07/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/10/2009Registered 30/10/2009Satisfied 19/07/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/10/2009Registered 30/10/2009Satisfied 26/07/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/10/2009Registered 30/10/2009Satisfied 19/07/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/10/2009Registered 29/10/2009Satisfied 19/07/2013

CompanyRankvs 13969+ SIC 98000 peers
61

Financial strength100th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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13969Premier Ground Rents No.2 Limited
71
How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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 31/12/2024

Net Worth

£894k

Balance sheet strength

Cash

£53k

Cash in the bank

Net Current Assets

-£565k

Working capital

Current Assets

£32k

Current Liabilities

£597k

Debtors

-£21k

2avg. employees

Balance Sheet

Bank loans & overdrafts£1.1M
Assets less current liabilities£2.0M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05+£49k
20230.01+£22k
2022-4.93+£29k
2021-8.60+£6k
20205.39-£27k
20196.17-£36k
20185.97—

Derived from filed accounts. Not audited figures.