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Property Connect (East Midland) Ltd

10050806

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

30/30
Filing
0/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • 6 outstanding charges (-10)

Details

18 THE HIGH STREET, MILTON KEYNES, MK8 8DZ
Incorporated 08/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Ravkiran Raj Saini

secretary · Since 08/03/2016

Also on 1 other board

Dr Salinder Kaur

director · Since 08/03/2016

MEDICAL DOCTOR

INDIAN · ENGLAND · Age 62

Also on 1 other board

Mr Lok Raj

director · Since 04/02/2019

COMPANY SECRETARY/DIRECTOR

INDIAN · ENGLAND · Age 65

Also on 1 other board

Mrs Ravkiran Raj Saini

director · Since 04/02/2019

MEDICAL DOCTOR

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Dr Salinder Kaur

25–50% shares
25–50% votes
Appoint directors

Indian · England · Age 62

18, The High Street, Milton Keynes, MK8 8DZ

Notified 18/01/2017

Charges6 outstanding

Charge
outstanding

MAGELLAN HOMELOANS LIMITED

Created 01/04/2019Registered 04/04/2019
Charge
outstanding

MAGELLAN HOMELOANS LIMITED

Created 29/03/2019Registered 04/04/2019
Charge
outstanding

MAGELLAN HOMELOANS LIMITED

Created 29/03/2019Registered 02/04/2019
Charge
outstanding

MAGELLAN HOMELOANS LIMITED

Created 01/04/2019Registered 01/04/2019
Charge
satisfied

PARAGON BANK PLC · PARAGON MORTGAGES (2010) LIMITED

Created 20/06/2016Registered 09/07/2016Satisfied 28/03/2024
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 20/06/2016Registered 02/07/2016
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 20/06/2016Registered 02/07/2016

CompanyRankvs 212484+ SIC 68209 peers
25

Financial strength5th percentile among SIC peers · 1/25
Employees57th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 pts

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

Liquidity0/20 pts

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

Longevity10/15 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

-£49k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

Current Liabilities

£21k

Fixed Assets

£947k

1avg. employees

Tax at Year End(2022)

Corp tax£1k

Balance Sheet

Bank loans & overdrafts£347k
Assets less current liabilities£938k
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2025+£19k
2024+£15k
2023+£5k
2022+£5k
2021-£7k
2020-£26k

Derived from filed accounts. Not audited figures.