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Rags Properties Limited

09530079

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

WHITEHALL WATERFRONT, LEEDS, LS1 4EH
Incorporated 08/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Simon Brodie Bass

director · Since 08/04/2015

SOLICITOR

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Mr Giles Duncan Ward Llb (Hons)

director · Since 08/04/2015

SOLICITOR

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Persons with Significant Control

Whitehall 1514 Holdings Limited

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

Whitehall Waterfront, 2 Riverside Way, Leeds, LS1 4EH

Reg: 16470552 · Registrar Of Companies · Private Company Limited By Shares

Notified 26/01/2026

Former PSCs

Mr Simon Brodie Bass

Ceased 26/01/2026

Mr Andrew William Price

Ceased 26/01/2026

Mr Giles Duncan Ward

Ceased 26/01/2026

Charges3 outstanding

Charge
outstanding

ATOM BANK PLC

Created 26/01/2026Registered 27/01/2026
Charge
outstanding

ATOM BANK PLC

Created 28/04/2020Registered 05/05/2020
Charge
outstanding

ATOM BANK PLC

Created 28/04/2020Registered 05/05/2020
Charge
satisfied

BARCLAYS BANK PLC

Created 19/06/2015Registered 01/07/2015Satisfied 25/08/2020
Charge
satisfied

BARCLAYS BANK PLC

Created 10/06/2015Registered 16/06/2015Satisfied 25/08/2020

CompanyRankvs 20514+ SIC 68209 peers
65

Financial strength91th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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20514Rags Properties Limited
75
How is this score calculated?
Financial strength23/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 31/03/2025

Net Worth

£680k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£133k

Current Liabilities

£131k

Debtors

£128k

3avg. employees

Tax at Year End(2020)

Corp tax£48k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.02+£26k
20241.04+£20k
20231.12+£13k
20221.39+£20k
20211.63+£24k
2020—+£128k

Derived from filed accounts. Not audited figures.