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Shubette Properties Limited

07159783

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT 8 FALCON PARK, NEASDEN, NW10 1RZ
Incorporated 17/02/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Gary Berin Offenbach

director · Since 17/02/2010

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 9 other boards

Mark James Offenbach

director · Since 17/02/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Ms Juliette Rosalind Offenbach

director · Since 22/01/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 4 other boards

Persons with Significant Control

Shubette Group Of Companies Limited

75–100% shares
75–100% votes

Unit 8, Falcon Park, Neasden, NW10 1RZ

Reg: 01760685 · Registrar Of Companies In England & Wales · Private Limited Company

Notified 14/09/2024

Former PSCs

Mr Gary Berin Offenbach

Ceased 29/01/2024

Mrs Geraldine Offenbach

Ceased 14/09/2024

Charges2 outstanding

Charge
outstanding

THE TRUSTEES OF THE SHUBETTE OF LONDON PENSION PLAN BEING CLIFFORD DARRYL OFFENBACH, GARY BERIN

Created 25/07/2023Registered 02/08/2023
Charge
outstanding

SHUBETTE GROUP OF COMPANIES LIMITED

Created 03/07/2017Registered 04/07/2017
charge
satisfied

C.D.OFFENBACH, G.B.OFFENBACH, G.OFFENBACH AND UNION PENSION TRUSTEES LIMITED

Created 06/09/2010Registered 17/09/2010Satisfied 26/10/2016

CompanyRankvs 33268+ SIC 68209 peers
53

Financial strength99th percentile among SIC peers · 25/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees12/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

there is no observable evidence to suggest that this uncertainty would be consider as being material and in turn cast significant doubt about the ability of the Company to continue as a going concern. Page 3 SHUBETTE PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 2. Accounting policies (continued) 2.4 Going concern (continued) Consequently, t

Key FinancialsYear ending 30/09/2024

Net Worth

£5.2M

Balance sheet strength

Cash

£102k

Cash in the bank

Net Current Assets

-£231k

Working capital

Current Assets

£6.2M

Current Liabilities

£6.4M

Fixed Assets

£6.2M

Debtors

£3.0M

2avg. employees

Tax at Year End

Corp tax£103k

Balance Sheet

Assets less current liabilities£6.0M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96+£440k
20230.91+£398k
20220.76+£352k
20211.12+£147k
20201.08

Derived from filed accounts. Not audited figures.