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Worthington Real Estate Limited

11106382

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

5 MEADOW WALK, MANCHESTER, M29 7FA
Incorporated 11/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr James Worthington

director · Since 11/12/2017

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 50

Sharon Fraser

secretary · Since 18/03/2022

Persons with Significant Control

Mr James Worthington

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 50

Fao Achieve Accounting Limited, Station House, Stamford New Road, Altrincham, WA14 1EP

Notified 11/12/2017

Charges3 outstanding

Charge
outstanding

ROMACO SPV 2 LIMITED

Created 08/09/2023Registered 12/09/2023
Charge
outstanding

ROMACO SPV 2 LIMITED

Created 08/09/2023Registered 12/09/2023
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 02/09/2022Registered 22/09/2022
Charge
satisfied

MS LENDING GROUP LIMITED

Created 15/10/2021Registered 05/11/2021Satisfied 20/07/2022
Charge
satisfied

MS LENDING GROUP LIMITED

Created 15/10/2021Registered 04/11/2021Satisfied 20/07/2022
Charge
satisfied

MS LENDING GROUP LIMITED

Created 15/10/2021Registered 03/11/2021Satisfied 18/07/2022
Charge
satisfied

PARAGON BANK PLC

Created 08/05/2018Registered 19/05/2018Satisfied 18/07/2022

CompanyRankvs 35952+ SIC 68100 peers
49

Financial strength94th percentile among SIC peers · 24/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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35952Worthington Real Estate Limited
58
How is this score calculated?
Financial strength24/25 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.

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 31/12/2024

Net Worth

£598k

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

-£837k

Working capital

Current Assets

£48k

Current Liabilities

£885k

Fixed Assets

£1.6M

Debtors

£17k

1avg. employees

Balance Sheet

Assets less current liabilities£741k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05+£0
20240.05-£57k
20230.23+£123k
2022—-£176k
2021—+£782k
2020—-£79k
2019—-£12k

Derived from filed accounts. Not audited figures.