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Helg Properties Ltd

10446639

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1-2 37 CHARTWELL ROAD, LANCING, BN15 8TU
Incorporated 26/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Harry Gregory Blurton

secretary · Since 26/10/2016

Also on 3 other boards

Miss Emma Louise Blurton

director · Since 28/08/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Also on 2 other boards

Mr Harry Gregory Blurton

director · Since 07/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 28

Also on 3 other boards

Persons with Significant Control

Miss Emma Louise Blurton

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

British · United Kingdom · Age 31

Unit 1-2, 37 Chartwell Road, Lancing, BN15 8TU

Notified 26/10/2016

Mr Harry Gregory Blurton

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

British · United Kingdom · Age 28

Unit 1-2, 37 Chartwell Road, Lancing, BN15 8TU

Notified 26/10/2016

Charges0 outstanding

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CompanyRankvs 143777+ SIC 68100 peers
25

Financial strength5th percentile among SIC peers · 1/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees3/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

Based on these assessments and having regard to the resources available to the entity, the director has concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Turnover Turnover represents amounts receivable for rents, on a time apportioned basis, from investment properties and f

Key FinancialsYear ending 31/10/2024

Net Worth

-£75k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£753k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.9M

Fixed Assets

£1.3M

Debtors

£1.1M

0avg. employees

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities£551k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.61-£132k
20230.79-£101k
20220.75+£242k
20210.69+£14k
20200.39-£33k
20190.76

Derived from filed accounts. Not audited figures.