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Property Mine Ltd.

08387809

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

ST. PETERS HOUSE THIRD FLOOR, ST. PETERS HOUSE, ST. ALBANS, AL1 3HZ
Incorporated 04/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68310
Real estate agencies

Officers

Mr William George Charles Gale

director · Since 04/02/2013

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 2 other boards

Mr Charles David Vitu Simpson

director · Since 04/02/2013

MARKETING DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 2 other boards

Persons with Significant Control

Gale & Simpson Ltd

75–100% shares

Suite 5, 4-6 Spicer Street, St. Albans, AL3 4PQ

Reg: 09612486 · England And Wales Registry · Limited Company

Notified 06/04/2016

CompanyRankvs 2094+ SIC 68310 peers
72

Financial strength92th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.97× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees15/15 pts

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

Liquidity16/20 pts

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

Longevity13/15 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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Based on these assessments and having regard to the resources available to the entity, the Directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts. Page 3 PROPERTY MINE LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 2. Accounting policies (continued) 2.3 Revenue R

Key FinancialsYear ending 31/08/2021

Net Worth

£239k

Balance sheet strength

Cash

£224k

Cash in the bank

Net Current Assets

£242k

Working capital

Current Assets

£491k

Current Liabilities

£249k

Fixed Assets

£44k

Debtors

£267k

16avg. employees

Tax at Year End

Corp tax£73k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£286k
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent Ratio
20211.97

Derived from filed accounts. Not audited figures.