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Pragma Homes Limited

10142025

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O RRS DEPT S&W PARTNERS LLP, LONDON, EC2V 7BG
Incorporated 22/04/2016

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

Mr Pragnesh Modhwadia

director · Since 22/04/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 17 other boards

Persons with Significant Control

Mr Pragnesh Modhwadia

75–100% shares
75–100% votes

British · United Kingdom · Age 43

C/O Rrs Dept S&W Partners Llp, 45 Gresham Street, London, EC2V 7BG

Notified 21/04/2017

Charges2 outstanding

Charge
outstanding

WEST ONE LOAN LIMITED

Created 17/06/2022Registered 23/06/2022
Charge
outstanding

METRO BANK PLC

Created 25/08/2016Registered 01/09/2016
Charge
satisfied

METRO BANK PLC

Created 25/08/2016Registered 01/09/2016Satisfied 28/06/2022

CompanyRankvs 15+ SIC 68100 peers
17

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.28× · 2/20
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 strength0/25 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.

Liquidity2/20 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 30/06/2022

Net Worth

£1.8M

Balance sheet strength

Cash

£81k

Cash in the bank

Net Current Assets

-£746k

Working capital

Current Assets

£283k

Current Liabilities

£1.0M

Fixed Assets

£4.1M

Debtors

£202k

0avg. employees

Balance Sheet

Bank loans & overdrafts£1.3M
Assets less current liabilities£3.4M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20220.28+£40k
20210.18+£796k
20200.63+£87k
20190.62+£63k
20180.61

Derived from filed accounts. Not audited figures.