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Queensgate Property Ltd

10452730

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

1 EGERTON COURT, LONDON, SW7 3HT
Incorporated 31/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Ramnek Singh Matharu

director · Since 31/10/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Gurnek Mitch Singh Matharu

director · Since 18/01/2017

BANKER

BRITISH · ENGLAND · Age 50

Also on 7 other boards

Persons with Significant Control

Mr Gurnek Mitch Singh Matharu

25–50% shares
25–50% votes

British · England · Age 50

1008 Point West, 116 Cromwell Road, London, SW7 4XN

Notified 31/10/2016

Mr Ramnek Singh Matharu

50–75% shares
50–75% votes

British · England · Age 50

Flat 1, 18 Old Brompton Road, London, SW7 3DL

Notified 31/10/2016

CompanyRankvs 40668+ SIC 68100 peers
47

Financial strength1th percentile among SIC peers · 0/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 388.6× · 20/20
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 strength0/25 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

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

aware of any material uncertainties which cause doubt on the company’s ability to continue as a going concern. 1.3 Turnover Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discou

Key FinancialsYear ending 31/10/2024

Net Worth

-£1.0M

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£3.8M

Working capital

Current Assets

£3.8M

Current Liabilities

£10k

Debtors

£100

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024388.60-£1.0M
2023236.96
20223496.04
20213458.33-£691
20201909.15-£2k
20193415.91-£1k
20183034.52

Derived from filed accounts. Not audited figures.