Credence Properties Ltd
07934843
Healthy
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/02/2012
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 5 other boards
Persons with Significant Control
Mr Mian Asif Zubair
British · England · Age 52
94, Street Lane, Leeds, LS8 2AL
Notified 08/04/2016
Former PSCs
Mr Mian Asif Zubair
Ceased 17/04/2024
Charges3 outstanding
THE MORTGAGE WORKS (UK) PLC
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CompanyRankvs 16737+ SIC 68100 peers59
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
£35k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£28k
Working capital
Current Assets
£51k
Current Liabilities
£23k
Fixed Assets
£98k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.23 | +£12k |
| 2024 | 0.96 | +£6k |
| 2023 | -0.42 | — |
Derived from filed accounts. Not audited figures.