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Property Asset Finance Limited

07440243

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

1 NELSON MEWS, SOUTHEND ON SEA, SS1 1AL
Incorporated 15/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

David Gary Van Praagh

director · Since 15/11/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 5 other boards

Persons with Significant Control

David Gary Van Praagh

75–100% shares
75–100% votes

British · United Kingdom · Age 66

16a Marine Parade, Leigh On Sea, SS9 2NA

Notified 10/06/2016

CompanyRankvs 8938+ SIC 64999 peers
59

Financial strength42th percentile among SIC peers · 11/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£576

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£307k

Current Liabilities

£305k

Debtors

£282k

1avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.01
20241.06
20231.24+£50
20224.23+£995
20214.85

Derived from filed accounts. Not audited figures.