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Panacea Property Development Limited

07993931

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

1ST FLOOR CLOISTER HOUSE RIVERSIDE, MANCHESTER, M3 5FS
Incorporated 16/03/2012

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

29/05/2027

On track

Confirmation statement

Last: 16/03/2026

Due 30/03/2027

On track

Industry

41100
Development of building projects

Officers

Neil Clifford Patten

secretary · Since 16/03/2012

Mr Neil Clifford Patten

director · Since 16/03/2012

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 56

Also on 13 other boards

Mr Gareth Ivor Riddell

director · Since 16/03/2012

PROPERTY SURVEYOR

ENGLISH · ENGLAND · Age 60

Also on 22 other boards

Persons with Significant Control

Mr Neil Clifford Patten

25–50% shares

English · England · Age 56

1st Floor Cloister House, Riverside, Manchester, M3 5FS

Notified 05/07/2024

Mr Gareth Ivor Riddell

25–50% shares

English · England · Age 60

1st Floor Cloister House, Riverside, Manchester, M3 5FS

Notified 05/07/2024

Former PSCs

Valebond Consultants Ltd

Ceased 05/07/2024

CompanyRankvs 7170+ SIC 41100 peers
75

Financial strength95th percentile among SIC peers · 24/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1461.8× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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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.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/08/2025

Net Worth

£1.5M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.5M

Current Liabilities

£1k

Fixed Assets

£0

0avg. employees

Balance Sheet

Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251461.80-£14k
2024295.96-£379k
20237.20

Derived from filed accounts. Not audited figures.