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Paas Property Ltd

11408222

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 11 outstanding charges (-10)

Details

VICTORY HOUSE, LUTON, LU1 3BS
Incorporated 11/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Nithiananthan Parthipan

director · Since 11/06/2018

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mrs Shaumia Parthipan

director · Since 11/06/2018

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mrs Shaumia Parthipan

25–50% shares
25–50% votes

British · England · Age 43

18, Thetford Gardens, Luton, LU2 7FE

Notified 11/06/2018

Mr Nithiananthan Parthipan

25–50% shares
25–50% votes

British · England · Age 49

Victory House, Chobham Street, Luton, LU1 3BS

Notified 27/06/2025

Charges11 outstanding

Charge
outstanding

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ALDERMORE BANK PLC

Created 13/12/2024Registered 18/12/2024
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THE MORTGAGE WORKS (UK) PLC

Created 26/07/2024Registered 30/07/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 29/02/2024Registered 04/03/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 22/06/2023Registered 23/06/2023
Charge
outstanding

WEST BROMWICH COMMERCIAL LIMITED

Created 09/09/2021Registered 09/09/2021
Charge
outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 22/04/2021Registered 04/05/2021
Charge
outstanding

STATE BANK OF INDIA (UK) LIMITED

Created 22/04/2021Registered 26/04/2021
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 22/11/2019Registered 27/11/2019
Charge
outstanding

PARAGON BANK PLC

Created 11/01/2019Registered 17/01/2019
Charge
outstanding

PARAGON BANK PLC

Created 26/10/2018Registered 31/10/2018

CompanyRankvs 73209+ SIC 68100 peers
36

Financial strength70th percentile among SIC peers · 18/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.18× · 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 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.

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 30/06/2025

Net Worth

£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£117k

Working capital

Current Assets

£26k

Current Liabilities

£142k

Fixed Assets

£1.1M

0avg. employees

Balance Sheet

Assets less current liabilities£984k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.18-£7k
20240.34-£12k
20230.12+£769
20220.07-£1k
20210.08+£6k
20200.53+£56k
20194.41

Derived from filed accounts. Not audited figures.