Back to search

Multicreation Properties Limited

09223659

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

42 CHRISTCHURCH AVENUE, KENTON, HARROW, HA3 8NJ
Incorporated 17/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Ajay Modhwadia

director · Since 17/09/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 6 other boards

Mrs Hasumati Modhwadia

director · Since 19/09/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Persons with Significant Control

Mr Ajay Modhwadia

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes

British · United Kingdom · Age 63

42, Christchurch Avenue, Kenton, Harrow, HA3 8NJ

Notified 07/04/2016

Mrs Hasumati Modhwadia

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes

British · United Kingdom · Age 65

42, Christchurch Avenue, Kenton, Harrow, HA3 8NJ

Notified 07/04/2016

Charges8 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 18/09/2025Registered 19/09/2025
Charge
outstanding

PARAGON BANK PLC

Created 18/09/2025Registered 19/09/2025
Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 05/06/2023Registered 06/06/2023
Charge
satisfied

LLOYDS BANK PLC

Created 14/04/2022Registered 25/04/2022Satisfied 22/09/2025
Charge
outstanding

LLOYDS BANK PLC

Created 21/05/2021Registered 03/06/2021
Charge
satisfied

LLOYDS BANK PLC

Created 08/06/2018Registered 12/06/2018Satisfied 12/06/2023
Charge
outstanding

LLOYDS BANK PLC

Created 28/09/2017Registered 13/10/2017
Charge
outstanding

LLOYDS BANK PLC

Created 24/02/2015Registered 12/03/2015
Charge
outstanding

LLOYDS BANK PLC

Created 24/02/2015Registered 12/03/2015
Charge
outstanding

LLOYDS BANK PLC

Created 31/10/2014Registered 05/11/2014

CompanyRankvs 49794+ SIC 68209 peers
59

Financial strength86th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
49794Multicreation Properties Limited
64
How is this score calculated?
Financial strength22/25 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.

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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2024

Net Worth

£316k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£56k

Working capital

Current Assets

£130k

Current Liabilities

£186k

Fixed Assets

£2.9M

Debtors

£101k

3avg. employees

Tax at Year End(2022)

Corp tax£14k

Director Loans(2022)

Company owes directors£94k

Balance Sheet

Assets less current liabilities£2.9M
Prepared with BTCSoftware AP Solution 2025 12.1.01

EstimatesDerived

YearCurrent RatioImplied Profit
20240.70+£66k
20230.16+£41k
20220.01+£53k
20210.87+£56k
20200.56+£55k
20190.49+£18k
20180.43—

Derived from filed accounts. Not audited figures.