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Ace Properties Manchester Ltd

10240476

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 5, 1ST FLOOR TRAFALGAR BUSINESS PARK, MANCHESTER, M8 9TZ
Incorporated 20/06/2016

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 Shak Shaqeel

director · Since 20/06/2016

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 61

Also on 1 other board

Ms Kulwinder Kaur Singh

director · Since 31/12/2022

MANAGER

BRITISH · ENGLAND · Age 69

Persons with Significant Control

Mr Shak Shaqeel

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

British · England · Age 61

Unit 5, 1st Floor, Trafalgar Business Park, Manchester, M8 9TZ

Notified 21/06/2016

Ms Kulwinder Kaur Singh

50–75% shares

British · England · Age 69

Unit 5, 1st Floor, Trafalgar Business Park, Manchester, M8 9TZ

Notified 31/12/2022

Former PSCs

Mr Gurdip Singh

Ceased 31/12/2022

CompanyRankvs 40612+ SIC 68100 peers
57

Financial strength84th percentile among SIC peers · 21/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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40612Ace Properties Manchester Ltd
56
How is this score calculated?
Financial strength21/25 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£105k

Balance sheet strength

Cash

£579

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£2k

Current Liabilities

£36k

Fixed Assets

£170k

Debtors

£1k

1avg. employees

Tax at Year End(2020)

Corp tax£344

Balance Sheet

Assets less current liabilities£135k
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05+£0
20250.05+£145
20240.13+£2k
202317.55+£2k
202216.09+£1k
202115.53-£7k
2020311.48+£1k
2019391.14+£1k
20188.53—

Derived from filed accounts. Not audited figures.