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Nik Properties Limited

10300273

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

THE WOODLANDS, CARDIFF, CF5 2NQ
Incorporated 28/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mrs Daxa Patel

director · Since 28/07/2016

DIRECTOR

BRITISH · WALES · Age 46

Also on 2 other boards

Mr Nikesh Harilal Patel

director · Since 28/07/2016

DIRECTOR

BRITISH · WALES · Age 47

Also on 2 other boards

Persons with Significant Control

Mrs Daxa Patel

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

British · Wales · Age 46

The Woodlands, Pwllmelin Lane, Cardiff, CF5 2NQ

Notified 28/07/2016

Mr Nikesh Harilal Patel

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

British · Wales · Age 47

The Woodlands, Pwllmelin Lane, Cardiff, CF5 2NQ

Notified 28/07/2016

Charges10 outstanding

Charge
outstanding

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Created 18/06/2019Registered 11/04/2025
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THE MORTGAGE WORKS (UK) PLC

Created 25/11/2020Registered 04/12/2020
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PARAGON BANK PLC

Created 10/01/2020Registered 16/01/2020
Charge
outstanding

PARAGON BANK PLC

Created 10/01/2020Registered 16/01/2020
Charge
satisfied

PARATUS AMC LIMITED

Created 31/07/2019Registered 10/08/2019Satisfied 10/08/2019
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

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

PARAGON BANK PLC

Created 22/02/2019Registered 22/02/2019
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 24/10/2016Registered 27/09/2018Satisfied 27/03/2019
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED · PARAGON BANK PLC

Created 27/11/2017Registered 09/12/2017
Charge
outstanding

PARAGON BANK PLC

Created 27/11/2017Registered 30/11/2017
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED T/A PRECISE MORTGAGES

Created 05/04/2017Registered 08/04/2017

CompanyRankvs 30929+ SIC 68100 peers
51

Financial strength86th percentile among SIC peers · 22/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.49× · 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 strength22/25 pts

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

Employees12/15 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 31/07/2025

Net Worth

£137k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£119k

Working capital

Current Assets

£115k

Current Liabilities

£234k

Fixed Assets

£988k

2avg. employees

Tax at Year End(2019)

Corp tax£2k

Balance Sheet

Assets less current liabilities£869k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.49+£9k
20240.37+£27k
20230.32+£29k
20220.18+£19k
20210.07+£18k
20200.18+£22k
20190.09+£8k
20180.15

Derived from filed accounts. Not audited figures.