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Gapsun Properties Limited

08891150

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)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

HAWKE HOUSE, LOUGHTON, IG10 4PL
Incorporated 12/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Doretta Smith

secretary · Since 20/04/2015

Mrs Doretta Smith

director · Since 20/04/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 8 other boards

Mr Hayden Francis Smith

director · Since 20/04/2015

DIRECTOR

ENGLISH · ENGLAND · Age 86

Also on 37 other boards

Mr Christopher Hayden Smith

director · Since 25/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Persons with Significant Control

Trad Properties Llp

75–100% shares
75–100% votes

Hawke House, Old Station Road, Loughton, IG10 4PL

Reg: Oc371038 · England And Wales Companies Registry · Limited Liability Partnership

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 26/07/2024Registered 01/08/2024
Charge
outstanding

LINDHILL CONSULTANCY SERVICES LIMITED

Created 09/07/2015Registered 21/07/2015

CompanyRankvs 14337+ SIC 68209 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.88× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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.

Longevity12/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/11/2024

Turnover

£1.4M

Annual revenue

Net Worth

£44.8M

Balance sheet strength

Cash

£3.7M

Cash in the bank

Profit Before Tax

£625k

Bottom line earnings

Net Current Assets

£5.8M

Working capital

Current Assets

£12.3M

Current Liabilities

£6.5M

Fixed Assets

£42.2M

Debtors

£8.6M

Cost of Sales

£79k

Gross Profit

£1.4M

Admin Expenses

£888k

Operating Profit

£469k

Profit After Tax

£621k

3avg. employees

Tax at Year End(2020)

Corp tax£108k

Balance Sheet

Assets less current liabilities£48.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.88+£621k
20231.74+£1.4M
20222.47+£1.5M
20214.21+£1.3M
202010.66+£964k
20199.92+£1.1M
201810.22

Derived from filed accounts. Not audited figures.