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Approved Property Buyers Ltd

08796748

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)
  • Current liabilities exceed current assets (-10)

Details

APPROVED PROPERTY BUYERS 6, GRIMSBY, DN32 7AA
Incorporated 29/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68310
Real estate agencies

Officers

Mr Richard Edward Smith

director · Since 29/11/2013

MANAGER

BRITISH · ENGLAND · Age 57

Also on 10 other boards

Persons with Significant Control

Mr Richard Edward Smith

Significant control

British · England · Age 57

Approved Property Buyers, 6, Grimsby, DN32 7AA

Notified 06/04/2016

CompanyRankvs 11392+ SIC 68310 peers
58

Financial strength71th percentile among SIC peers · 18/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees6/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£50k

Current Liabilities

£54k

Fixed Assets

£24k

1avg. employees+1

Balance Sheet

Assets less current liabilities£21k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94+£24k
20231.01+£3k
20221.02+£6k
20210.81+£3k
20200.83+£12k
20190.52+£4k
20180.44

Derived from filed accounts. Not audited figures.