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We Let Estates Ltd

10354046

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 01/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
68310
Real estate agencies
68320
Management of real estate on a fee or contract basis

Officers

Mr Muhammad Junaid Ayub Naveed

director · Since 15/06/2020

DIRECTOR

SPANISH · ENGLAND · Age 28

Also on 3 other boards

Persons with Significant Control

Mr Muhammad Junaid Ayub Naveed

75–100% shares

Spanish · England · Age 28

128, City Road, London, EC1V 2NX

Notified 15/06/2020

Former PSCs

Goldchild Limited

Ceased 15/06/2020

CompanyRankvs 206001+ SIC 68209 peers
37

Financial strength5th percentile among SIC peers · 1/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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 30/09/2024

Net Worth

-£49k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£6k

Current Liabilities

£19k

1avg. employees

Balance Sheet

Bank loans & overdrafts£36k
Assets less current liabilities-£14k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.29-£5k
20230.40+£10k
20220.52-£28k
20211.45-£21k
2020-£4k

Derived from filed accounts. Not audited figures.