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Launch Properties Ltd

10355377

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

ORCHARD COTTAGE 193 SHALMSFORD ST, CANTERBURY, CT4 7QP
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

Officers

Mr Grahame George Birchall

director · Since 01/09/2016

MARKETING EXECUTIVE

BRITISH · UNITED KINGDOM · Age 73

Also on 10 other boards

Mr Marc Alexander Turnier

director · Since 01/09/2016

ARCHITECT

BRITISH · ENGLAND · Age 36

Mrs Carolyn Helen Birchall

director · Since 14/04/2024

LANSCAPE ARCHITECT

BRITISH · UNITED KINGDOM · Age 71

Persons with Significant Control

Mr Grahame George Birchall

Significant control

British · United Kingdom · Age 73

Orchard Cottage, 193 Shalmsford St, Canterbury, CT4 7QP

Notified 01/09/2016

Charges3 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 14/12/2023Registered 15/12/2023
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 31/08/2017Registered 01/09/2017
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 13/02/2017Registered 14/02/2017

CompanyRankvs 60825+ SIC 68209 peers
56

Financial strength82th percentile among SIC peers · 21/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.7× · 6/20
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 strength21/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/09/2024

Net Worth

£183k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£40k

Current Liabilities

£57k

Fixed Assets

£1.4M

Debtors

£38k

3avg. employees+1

Tax at Year End

Corp tax£2k

Balance Sheet

Assets less current liabilities£1.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.70-£10k
20233.79-£12k
20221.43-£190
20210.23+£193k
20200.22-£39k
20190.18-£25k
20180.01

Derived from filed accounts. Not audited figures.