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Friends Assets Ltd.

10952141

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

1 BRICES MEADOW, MILTON KEYNES, MK5 7HB
Incorporated 08/09/2017

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 09/10/2025

Due 23/10/2026

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Vinodkumar Gadde

director · Since 08/09/2017

IT CONSULTANT

BRITISH · ENGLAND · Age 44

Mr Sravan Kumar Peddapuram

director · Since 08/09/2017

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 54

Persons with Significant Control

Mr Sravan Kumar Peddapuram

25–50% shares

British · England · Age 54

1, Brices Meadow, Milton Keynes, MK5 7HB

Notified 08/09/2017

Mr Vinodkumar Gadde

25–50% shares
25–50% votes

British · England · Age 44

61, Hayton Way, Milton Keynes, MK4 4LD

Notified 19/09/2017

Former PSCs

Mr Sravan Kumar Peddapuram

Ceased 05/12/2025

Charges2 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 17/08/2022Registered 19/08/2022
Charge
outstanding

KENT RELIANCE ONESAVINGS BANK PLC

Created 27/10/2017Registered 27/10/2017

CompanyRankvs 73000+ SIC 68100 peers
37

Financial strength71th percentile among SIC peers · 18/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.22× · 2/20
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 strength18/25 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.

Liquidity2/20 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 30/09/2024

Net Worth

£18k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£4k

Current Liabilities

£19k

Fixed Assets

£305k

0avg. employees

Balance Sheet

Assets less current liabilities£288k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.22+£4k
20230.14+£4k
20220.57+£3k
20210.65+£3k
20201.30+£1k

Derived from filed accounts. Not audited figures.