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Princip Properties Limited

11198602

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
48 / 100

Notable Risks

0/30
Filing
10/30
Financial
38/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

5-6 Greenfield Crescent Edgbaston, Birmingham, B15 3BE
Incorporated 12/02/2018

Compliance

Last accounts

28/02/2021

total exemption full

Next accounts due

28/02/2023

Overdue

Confirmation statement

Last: 02/02/2022

Due 16/02/2023

Overdue

Industry

96090
Other personal service activities

Officers

Mr Rakesh Singh Doal

director · Since 12/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 41 other boards

Rakesh Singh Doal

director · Since 12/02/2018

British · England · Age 56

Persons with Significant Control

Mr Rakesh Singh Doal

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

British · England · Age 56

5-6 Greenfield Crescent, Edgbaston, Birmingham, B15 3BE

Notified 12/02/2018

Charges1 outstanding

Charge
outstanding

BOND WOLFE FINANCE LIMITED

Created 28/10/2019Registered 31/10/2019

Change History

officer appointedDOAL, Rakesh Singh
2026-08-12
statusactive
2026-08-12

Active - Proposal to Strike off

typeltd
2026-08-12

Private Limited Company

address line15-6 Greenfield Crescent Edgbaston
2026-08-12

5-6 GREENFIELD CRESCENT

post townBirmingham
2026-08-12

BIRMINGHAM

CompanyRankvs 107241+ SIC 96090 peers
15

Financial strength7th percentile among SIC peers · 2/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAccounts and CS overdue · 0/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 compliance0/15 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 28/02/2021

Net Worth

-£21k

Balance sheet strength

Cash

£4

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£363k

Current Liabilities

£334k

Debtors

£33k

0avg. employees

Balance Sheet

Assets less current liabilities£29k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20211.09

Derived from filed accounts. Not audited figures.