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Essential Property Development Limited

10062419

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)
  • 5 outstanding charges (-10)

Details

48 WARDS ROAD, ILFORD, IG2 7BA
Incorporated 14/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Xue Ming Zhang

director · Since 14/03/2016

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mrs Xue Ming Zhang

75–100% shares

British · United Kingdom · Age 51

48, Wards Road, Ilford, IG2 7BA

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

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CompanyRankvs 161592+ SIC 68100 peers
17

Financial strength7th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
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 strength2/25 pts

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

Employees0/15 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

-£48k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

Current Liabilities

£7k

Fixed Assets

£2.9M

Tax at Year End

Corp tax£4k

Balance Sheet

Bank loans & overdrafts£1.4M
Assets less current liabilities£2.9M
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2025+£22k
2024-£43k
2023-£8k
2022+£23k
2021+£2k
2020-£11k

Derived from filed accounts. Not audited figures.