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Letap Properties Ltd

07785058

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

KINGS VIEW, COBHAM, KT11 2JA
Incorporated 23/09/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mrs Manisha Patel

director · Since 23/09/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 3 other boards

Miss Reena Patel

director · Since 23/09/2012

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 41

Mr Kalpesh Patel

secretary · Since 01/03/2013

Persons with Significant Control

Mrs Manisha Patel

25–50% shares

British · England · Age 45

Kings View, 29 Fairmile Avenue, Cobham, KT11 2JA

Notified 23/09/2016

Miss Reena Patel

25–50% shares

British · England · Age 41

Kings View, 29 Fairmile Avenue, Cobham, KT11 2JA

Notified 23/09/2016

Charges4 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/03/2013Registered 06/04/2013
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/02/2013Registered 09/02/2013
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/01/2012Registered 25/01/2012
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/11/2011Registered 23/11/2011

CompanyRankvs 40409+ SIC 68100 peers
37

Financial strength97th percentile among SIC peers · 24/25
Employees19th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
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 strength24/25 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.

Liquidity0/20 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

assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The directors have assessed the company's ability to continue as a going concern which has included a review of expected future rental income, the continued support from the company's related

Key FinancialsYear ending 31/08/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

-£980k

Working capital

Current Assets

Current Liabilities

£1.0M

Fixed Assets

£3.3M

0avg. employees

Tax at Year End

Corp tax£26k

Director Loans

Company owes directors£461k

Balance Sheet

Assets less current liabilities£2.3M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearImplied Profit
2025+£80k
2024+£88k
2023+£98k
2022+£105k

Derived from filed accounts. Not audited figures.