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2 Victoria Parade Limited

11017081

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

2 THE LINKS, HERNE BAY, CT6 7GQ
Incorporated 17/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Pavitar Singh Toot

director · Since 15/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 4 other boards

Miss Sukhvir Kaur Toot

director · Since 15/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Pavitar Singh Toot

25–50% shares

British · England · Age 35

18 Woodlands Avenue, Hornchurch, RM11 2QU

Notified 17/10/2017

Miss Sukhvir Kaur Toot

25–50% shares

British · England · Age 40

18 Woodlands Avenue, Hornchurch, RM11 2QU

Notified 17/10/2017

Former PSCs

Mr Inderjeet Singh Toot

Ceased 03/06/2024

Charges4 outstanding

Charge
outstanding

REDWOOD BANK LIMITED

Created 22/05/2024Registered 24/05/2024
Charge
outstanding

REDWOOD BANK LIMITED

Created 22/05/2024Registered 24/05/2024
Charge
outstanding

INTERBAY FUNDING LIMITED

Created 29/06/2018Registered 02/07/2018
Charge
outstanding

INTERBAY FUNDING LIMITED

Created 29/06/2018Registered 02/07/2018

CompanyRankvs 93290+ SIC 68209 peers
49

Financial strength68th percentile among SIC peers · 17/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.95× · 6/20
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 strength17/25 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.

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 31/10/2024

Net Worth

£30k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£84k

Current Liabilities

£89k

Fixed Assets

£521k

2avg. employees+1

Balance Sheet

Assets less current liabilities£517k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.95+£763
20230.84+£12k
20220.97+£12k
20210.95+£13k
20200.83+£13k
20190.41+£18k
20180.17

Derived from filed accounts. Not audited figures.