Back to search

Equicap Estates Limited

08403111

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)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

RAGAS HOUSE UNIT 3 NORTHOLT TRADING ESTATE, NORTHOLT, UB5 5QS
Incorporated 14/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64991
Security dealing on own account
68100
Buying and selling of own real estate

Officers

Mrs Sarika Luthra

secretary · Since 14/02/2013

Mr Arunesh Luthra

director · Since 14/02/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 10 other boards

Persons with Significant Control

Equicap Limited

75–100% shares
75–100% votes
Appoint directors

Ragas House, Unit 3 Northolt Trading Estate, Northolt, UB5 5QS

Reg: 11465562 · The Registrar Of Companies · Limited Company

Notified 06/08/2018

Former PSCs

Mr Arunesh Luthra

Ceased 06/08/2018

Charges2 outstanding

Charge
outstanding

BANK OF SINGAPORE LIMITED

Created 04/08/2014Registered 13/08/2014
Charge
outstanding

BANK OF SINGAPORE LIMITED

Created 28/05/2014Registered 03/06/2014

CompanyRankvs 147+ SIC 64991 peers
70

Financial strength95th percentile among SIC peers · 24/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 6.03× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees8/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2024

Net Worth

£4.4M

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

£5.0M

Working capital

Current Assets

£5.9M

Current Liabilities

£986k

Fixed Assets

£4.8M

Debtors

£4.6M

1avg. employees

Tax at Year End(2022)

Corp tax£37k

Director Loans(2022)

Company owes directors£909k

Balance Sheet

Bank loans & overdrafts£3.1M
Assets less current liabilities£9.7M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20246.03+£39k
20236.09+£4k
20226.11-£83k
20216.08+£24k
20208.23+£718k
20197.69+£234k
20187.47

Derived from filed accounts. Not audited figures.