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Praed Holdings Limited

10550710

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

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

Details

NUMBER 22, TUNBRIDGE WELLS, TN4 8AS
Incorporated 06/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Paul Mark Longega

director · Since 06/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Howard Hughes

director · Since 23/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Wayne Daniel Mcdonnell

director · Since 23/08/2017

DIRECTOR

AUSTRALIAN · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Stm Life Assurance Pcc Plc

50–75% shares

Montagu Pavillion, 8-10, Queensway, Gibraltar

Reg: 100244 · Gibraltar Companies Register · Limited Company

Notified 23/08/2017

Former PSCs

Mr Paul Mark Longega

Ceased 23/08/2017

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 01/09/2017Registered 05/09/2017
Charge
satisfied

HSBC BANK PLC

Created 01/09/2017Registered 05/09/2017Satisfied 05/12/2023
Charge
outstanding

HSBC BANK PLC

Created 01/09/2017Registered 05/09/2017

CompanyRankvs 21544+ SIC 64209 peers
40

Financial strength92th percentile among SIC peers · 23/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

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.

Longevity9/15 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

£2.3M

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

-£2.1M

Working capital

Current Assets

£38k

Current Liabilities

Debtors

£104

0avg. employees

Balance Sheet

Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£63k
20230.13

Derived from filed accounts. Not audited figures.