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Vasan Properties Ltd

11344918

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 15 outstanding charges (-10)

Details

6 COLMON PARK, SWINDON, SN25 4YU
Incorporated 03/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Sivakumar Neelamegan

director · Since 03/05/2018

MANAGER

BRITISH · ENGLAND · Age 53

Also on 4 other boards

Persons with Significant Control

Mr Sivakumar Neelamegan

75–100% shares

British · England · Age 53

209, The Heights, Northolt, UB5 4BX

Notified 03/05/2018

Charges15 outstanding

Charge
outstanding

FLEET MORTGAGES LIMITED

Created 27/03/2026Registered 27/03/2026
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outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 27/02/2026Registered 27/02/2026
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outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 24/11/2025Registered 24/11/2025
Charge
outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 27/09/2024Registered 02/10/2024
Charge
outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 27/09/2024Registered 02/10/2024
Charge
outstanding

PARAGON BANK PLC

Created 29/08/2024Registered 29/08/2024
Charge
outstanding

PARAGON BANK PLC

Created 09/08/2024Registered 13/08/2024
Charge
outstanding

PARAGON BANK PLC

Created 15/07/2024Registered 17/07/2024
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 12/01/2024Registered 12/01/2024
Charge
outstanding

PARAGON BANK PLC

Created 26/08/2022Registered 31/08/2022
Charge
outstanding

ONESAVINGS BANK PLC

Created 25/11/2020Registered 26/11/2020
Charge
outstanding

BELMONT GREEN FINANCE LIMITED T/A VIDA HOMELOANS

Created 27/08/2019Registered 27/08/2019
Charge
outstanding

BELMONT GREEN FINANCE LTD T/A VIDA HOMELOANS

Created 31/07/2019Registered 05/08/2019
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 16/07/2019Registered 22/07/2019
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 22/08/2018Registered 31/08/2018

CompanyRankvs 143077+ SIC 68209 peers
35

Financial strength69th percentile among SIC peers · 17/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity8 years trading (max 15) · 8/15
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.

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.

Longevity8/15 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 31/05/2024

Net Worth

£35k

Balance sheet strength

Cash

£70k

Cash in the bank

Net Current Assets

-£292k

Working capital

Current Assets

£73k

Current Liabilities

£364k

Fixed Assets

£1.5M

Debtors

£3k

0avg. employees

Balance Sheet

Bank loans & overdrafts£33k
Assets less current liabilities£1.2M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20+£11k
20230.34+£11k
20220.03+£7k
20210.21+£5k
20200.33+£6k
20190.53

Derived from filed accounts. Not audited figures.