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Grace First Atlantic Properties Limited

10464723

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

279 NEWMARSH ROAD, LONDON, SE28 8TE
Incorporated 07/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Olusegun Olawanle Adesuyi

director · Since 08/04/2017

DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Olusegun Olawanle Adesuyi

75–100% shares

British · United Kingdom · Age 47

279, Newmarsh Road, London, SE28 8TE

Notified 01/02/2018

Former PSCs

Mr Olusegun Olawanle Adesuyi

Ceased 01/02/2018

Charges2 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 15/09/2022Registered 23/09/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 15/09/2022Registered 23/09/2022

CompanyRankvs 61623+ SIC 41100 peers
26

Financial strength15th percentile among SIC peers · 4/25
Employees46th percentile among SIC peers · 7/15
LiquidityNo balance sheet data · 0/20
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 strength4/25 pts

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

Employees7/15 pts

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

Liquidity0/20 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 30/11/2024

Net Worth

-£10k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

£62k

Working capital

Current Assets

Current Liabilities

-£23k

Fixed Assets

£300k

1avg. employees

Tax at Year End

VAT-£9k

Balance Sheet

Bank loans & overdrafts£12k
Assets less current liabilities£362k
Prepared with Taxfiler

EstimatesDerived

YearImplied Profit
2024-£7k

Derived from filed accounts. Not audited figures.