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Labode Properties Ltd.

10837876

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 27/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Sadiq Ayobami Olabode

director · Since 27/06/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 4 other boards

Persons with Significant Control

Mr Sadiq Ayobami Olabode

Significant control

British · United Kingdom · Age 36

124, City Road, London, EC1V 2NX

Notified 27/06/2017

Charges3 outstanding

Charge
outstanding

BIRMINGHAM BANK LIMITED

Created 26/07/2024Registered 01/08/2024
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 23/10/2023Registered 31/10/2023Satisfied 01/08/2024
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 23/10/2023Registered 31/10/2023Satisfied 01/08/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 19/10/2021Registered 01/11/2021
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/10/2021Registered 25/10/2021

CompanyRankvs 46791+ SIC 68100 peers
44

Financial strength5th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.44× · 20/20
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 strength1/25 pts

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

Employees9/15 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.

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 30/06/2025

Net Worth

-£76k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£185k

Working capital

Current Assets

£313k

Current Liabilities

£128k

Debtors

£310k

1avg. employees

Balance Sheet

Assets less current liabilities£185k

EstimatesDerived

YearCurrent RatioImplied Profit
20252.44-£72k
20242.67+£8k
20232.41-£2k
20222.47-£4k

Derived from filed accounts. Not audited figures.