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Union Property Development Limited

09636025

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 10 outstanding charges (-10)

Details

C/O UNION PROPERTY SERVICES LTD 1ST FLOOR, COBALT 3.2,, NEWCASTLE UPON TYNE,, NE27 0QJ
Incorporated 12/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Naresh Abrol

director · Since 12/06/2015

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 16 other boards

Mrs Promila Sehgal

director · Since 12/06/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 16 other boards

Mr Raj Kumar Sehgal

director · Since 12/06/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 26 other boards

Persons with Significant Control

Union Property Development Holdings Limited

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

Cobalt 3.2, Silver Fox Way, Newcastle Upon Tyne, NE27 0QJ

Reg: 14533519 · Companies House Cardiff · Limited Company

Notified 25/07/2023

Former PSCs

Mr Raj Kumar Sehgal

Ceased 25/07/2023

Charges10 outstanding

Charge
outstanding

MUKESH KUMAR SEHGAL, PROMILA SEHGAL, RAJ SEHGAL, VARSHA SEHGAL, SANJEEV MEHAN, ANITA MEHAN, RIT

Created 24/03/2023Registered 31/03/2023
Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED

Created 01/09/2022Registered 20/09/2022
Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED

Created 01/09/2022Registered 14/09/2022
Charge
outstanding

LLOYDS BANK PLC (AS SECURITY TRUSTEE)

Created 10/12/2021Registered 17/12/2021
Charge
satisfied

ROTHSCHILD & CO WEALTH MANAGEMENT UK LIMITED

Created 06/08/2021Registered 11/08/2021Satisfied 07/09/2022
Charge
satisfied

PARAGON DEVELOPMENT FINANCE LIMITED

Created 23/04/2021Registered 06/05/2021Satisfied 06/09/2022
Charge
outstanding

LLOYDS BANK PLC

Created 22/03/2019Registered 26/03/2019
Charge
outstanding

LLOYDS BANK PLC

Created 28/11/2017Registered 30/11/2017
Charge
outstanding

LLOYDS BANK PLC

Created 07/03/2017Registered 07/03/2017
Charge
outstanding

LLOYDS BANK PLC

Created 28/10/2016Registered 03/11/2016
Charge
outstanding

LLOYDS BANK PLC

Created 09/09/2016Registered 14/09/2016
Charge
outstanding

LLOYDS BANK PLC

Created 10/03/2016Registered 18/03/2016

CompanyRankvs 18573+ SIC 41100 peers
45

Financial strength99th percentile among SIC peers · 25/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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18573Union Property Development Limited
64
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.

Employees2/15 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

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

basis that the group of which this is the parent qualifies as a small group . The financial statements present information about the company as an individual entity and not about its group . 1.2 Going concern The financial statements have been prepared on a going concern basis which, in the opinion of the directors, is the appropriate basis. The company's ability to continue trading is dependent u

Key FinancialsYear ending 31/05/2025

Net Worth

£8.6M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£38.6M

Current Liabilities

£36.4M

Fixed Assets

£6.6M

Debtors

£36.6M

0avg. employees

Tax at Year End(2024)

Corp tax£0

Balance Sheet

Bank loans & overdrafts£3.0M
Assets less current liabilities£8.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.06+£1.2M
20241.04-£1.0M
20231.07+£2.8M
20220.96-£676k
20210.71+£2.1M
20200.53+£240k
20190.51+£282k
20180.62—

Derived from filed accounts. Not audited figures.