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Lassic Properties Limited

10516229

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

LASSIC BUILDING, BRADFORD, BD4 6HN
Incorporated 08/12/2016

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 07/12/2025

Due 21/12/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Rajesh Handa

director · Since 08/12/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 8 other boards

Mr Suresh Handa

director · Since 08/12/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 5 other boards

Persons with Significant Control

Mr Rajesh Handa

25–50% votes

British · United Kingdom · Age 47

C/O Home Discount Ltd, Nile Street, Huddersfield, HD1 3LP

Notified 08/12/2016

Mr Suresh Handa

25–50% votes

British · United Kingdom · Age 49

C/O Home Discount Ltd, Nile Street, Huddersfield, HD1 3LP

Notified 08/12/2016

Arlington Capital Group Limited

25–50% shares

Lassic Building, Dawson Lane, Bradford, BD4 6HN

Reg: 17034839 · England And Wales · Private Company Limited By Shares

Notified 20/02/2026

Ashlar Capital Group Limited

25–50% shares

Lassic Building, Dawson Lane, Bradford, BD4 6HN

Reg: 17034860 · England And Wales · Private Company Limited By Shares

Notified 20/02/2026

Mrs Mandeep Kaur Handa

25–50% votes

British · England · Age 47

Lassic Building, Dawson Lane, Bradford, BD4 6HN

Notified 25/03/2026

Mrs Rakhi Handa

25–50% votes

British · England · Age 48

Lassic Building, Dawson Lane, Bradford, BD4 6HN

Notified 25/03/2026

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 08/02/2022Registered 11/02/2022
Charge
outstanding

HSBC BANK PLC

Created 13/12/2017Registered 14/12/2017
Charge
outstanding

HSBC BANK PLC

Created 22/03/2017Registered 23/03/2017

CompanyRankvs 25671+ SIC 68100 peers
58

Financial strength99th percentile among SIC peers · 25/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.8× · 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 strength25/25 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.

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 31/10/2025

Net Worth

£8.4M

Balance sheet strength

Cash

£113k

Cash in the bank

Net Current Assets

-£1.9M

Working capital

Current Assets

£7.8M

Current Liabilities

£9.7M

Fixed Assets

£15.4M

Debtors

£7.7M

2avg. employees

Balance Sheet

Assets less current liabilities£13.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.80+£598k
20240.81+£552k
20230.58

Derived from filed accounts. Not audited figures.