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Conarg Property Development Ltd

08356968

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

505 LORDSHIP LANE, LONDON, SE22 8JY
Incorporated 11/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Catalin Irinel Ghinea

director · Since 31/07/2020

CONSTRUCTION SITE MANAGER

ROMANIAN · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Catalin Irinel Ghinea

75–100% shares
75–100% votes

Romanian · United Kingdom · Age 46

505, Lordship Lane, London, SE22 8JY

Notified 31/07/2020

Former PSCs

Mrs Gabriela Dascalu

Ceased 31/07/2020

Mrs Roxana Irimia

Ceased 31/07/2020

Mr Gabriel Viorel Dascalu

Ceased 06/03/2026

Charges2 outstanding

Charge
outstanding

UNITED TRUST BANK LIMITED

Created 05/11/2021Registered 12/11/2021
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 05/11/2021Registered 12/11/2021

CompanyRankvs 37178+ SIC 41100 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.47× · 12/20
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 strength0/25 pts

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

Employees10/15 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.

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 31/12/2024

Net Worth

-£862k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£3.1M

Current Liabilities

£2.1M

Fixed Assets

£1.6M

2avg. employees

Balance Sheet

Assets less current liabilities£1.0M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.47-£5.0M
2024+£1.3M

Derived from filed accounts. Not audited figures.