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Carewell Properties Ltd

08434614

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

HAGLEY HOUSE 95, BIRMINGHAM, B16 8LA
Incorporated 07/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Satnam Singh Parwana

director · Since 07/03/2013

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 4 other boards

Mr Satnam Singh Sahota

director · Since 01/05/2013

DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 3 other boards

Persons with Significant Control

Mr Satnam Singh Parwana

50–75% shares
50–75% votes
Appoint directors

British · England · Age 65

Hagley House, 95, Birmingham, B16 8LA

Notified 01/07/2016

Mr Satnam Singh Sahota

25–50% shares
25–50% votes

British · England · Age 80

Hagley House, 95, Birmingham, B16 8LA

Notified 01/01/2023

Former PSCs

Mr Jasdeep Lal Gangotra

Ceased 04/04/2025

Charges4 outstanding

Charge
outstanding

ATOM BANK PLC

Created 04/04/2025Registered 14/04/2025
Charge
outstanding

ATOM BANK PLC

Created 04/04/2025Registered 14/04/2025
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH GROUP MEMBER

Created 16/05/2014Registered 21/05/2014
Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH GROUP MEMBER

Created 16/05/2014Registered 20/05/2014

CompanyRankvs 16587+ SIC 68100 peers
58

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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.

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 30/03/2025

Net Worth

£599k

Balance sheet strength

Cash

£116k

Cash in the bank

Net Current Assets

-£209k

Working capital

Current Assets

£147k

Current Liabilities

£356k

Fixed Assets

£900k

Debtors

£31k

Profit After Tax

£28k

3avg. employees

Tax at Year End

Corp tax£6k

Balance Sheet

Bank loans & overdrafts£221k
Assets less current liabilities£691k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41+£28k
20240.36+£15k
20230.35+£39k
20220.68+£41k
20210.43+£31k
20200.12+£30k
20190.06+£24k
20180.16

Derived from filed accounts. Not audited figures.