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Praetura Properties (Balgarth) Limited

08104013

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 7 outstanding charges (-10)

Details

SHIP CANAL HOUSE, MANCHESTER, M2 4WU
Incorporated 13/06/2012

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 17/08/2025

Due 31/08/2026

On track

Industry

56101
Licensed restaurants

Officers

Mr Michael James Fletcher

director · Since 02/07/2012

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 51

Also on 25 other boards

Mr Mark Williamson

director · Since 02/07/2012

DIRECTOR

BRITISH · ENGLAND · Age 60

Mr Martin Ward

director · Since 01/10/2015

DIRECTOR

BRITISH · SCOTLAND · Age 52

Mr Christopher Michael Giles

director · Since 06/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Persons with Significant Control

Mr Christopher Michael Giles

25–50% shares
25–50% votes

British · England · Age 61

Ship Canal House, 98 King Street, Manchester, M2 4WU

Notified 18/07/2019

Charges7 outstanding

Charge
outstanding

TIMOTHY JOHN FORREST

Created 15/12/2025Registered 18/12/2025
Charge
outstanding

TIMOTHY JOHN FORREST

Created 04/12/2025Registered 15/12/2025
Charge
outstanding

TIMOTHY JOHN FORREST

Created 04/12/2025Registered 15/12/2025
Charge
outstanding

TIMOTHY JOHN FORREST

Created 04/12/2025Registered 08/12/2025
Charge
outstanding

PRAETURA ASSET FINANCE LIMITED

Created 22/04/2016Registered 25/04/2016
charge
outstanding

SANTANDER UK PLC

Created 11/12/2012Registered 21/12/2012
charge
outstanding

SANTANDER UK PLC

Created 28/11/2012Registered 13/12/2012

CompanyRankvs 4572+ SIC 56101 peers
58

Financial strength90th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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.

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 30/09/2024

Net Worth

£171k

Balance sheet strength

Cash

£116k

Cash in the bank

Net Current Assets

-£308k

Working capital

Current Assets

£165k

Current Liabilities

£473k

Fixed Assets

£1.4M

Debtors

£31k

29avg. employees+2

Balance Sheet

Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.35-£244k
20230.30-£176k
20220.39-£64k
20210.50+£141k
20200.33-£91k
20190.33-£83k
20180.46

Derived from filed accounts. Not audited figures.