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Binning Property Corporation Ltd

10087427

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)
  • 9 outstanding charges (-10)

Details

OLIVE TREE CENTRE, LONDON, E4 9HH
Incorporated 29/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
64209
Activities of other holding companies
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Mandeep Singh Binning

director · Since 29/03/2016

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Mr Mandeep Singh Binning

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

British · England · Age 45

840a-842a, High Road, London, E10 6AE

Notified 11/04/2017

Charges9 outstanding

Charge
outstanding

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CompanyRankvs 9971+ SIC 41100 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 5.73× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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9971Binning Property Corporation Ltd
72
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.

Liquidity20/20 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 31/12/2024

Net Worth

£8.4M

Balance sheet strength

Cash

£139k

Cash in the bank

Net Current Assets

£4.2M

Working capital

Current Assets

£5.1M

Current Liabilities

£885k

Fixed Assets

£11.3M

Debtors

£2.6M

0avg. employees

Balance Sheet

Bank loans & overdrafts£5.3M
Assets less current liabilities£15.5M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20245.73+£1.8M
20239.03+£171k
202213.17+£453k
20218.32+£3.9M
20200.31-£48k
20190.31+£2.4M
2019-0.42—

Derived from filed accounts. Not audited figures.