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Correa Property Limited

10353364

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

OAKMOORE COURT 11C KINGSWOOD ROAD, DROITWICH, WR9 0QH
Incorporated 31/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Dr Peter Correa

director · Since 31/08/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

Dr Peter Correa

75–100% shares
75–100% votes

British · United Kingdom · Age 50

Oakmoore Court, 11c Kingswood Road, Droitwich, WR9 0QH

Notified 31/08/2016

Charges4 outstanding

Charge
outstanding

LENDINVEST BTL LIMITED

Created 12/12/2019Registered 12/12/2019
Charge
outstanding

PARAGON BANK PLC

Created 03/12/2018Registered 17/12/2018
Charge
outstanding

PARAGON MORTGAGE (2010) LIMITED AND PARAGON BANK PLC

Created 16/01/2017Registered 19/01/2017
Charge
outstanding

PARAGON MORTGAGES (2010) LIMITED

Created 16/01/2017Registered 18/01/2017

CompanyRankvs 69145+ SIC 68209 peers
50

Financial strength11th percentile among SIC peers · 3/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 24.26× · 20/20
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 strength3/25 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.

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 31/08/2025

Net Worth

-£19k

Balance sheet strength

Cash

£44k

Cash in the bank

Net Current Assets

£46k

Working capital

Current Assets

£48k

Current Liabilities

£2k

Debtors

£3k

2avg. employees

Balance Sheet

Bank loans & overdrafts£348k
Assets less current liabilities£664k
Signed by 10353364 2024-09-01 2025-08-31 10353364 2025-08-31 10353364 core:RetainedEarningsAccumulatedLosses 2025-08-31 10353364 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202524.26+£0
202524.26+£76k
202423.21-£18k
202318.01-£4k
20228.70-£13k
202111.09-£9k
202012.03-£14k
201928.55-£15k
201883.76

Derived from filed accounts. Not audited figures.