Psp Properties (North East) Limited
11426656
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 20/06/2025
Due 04/07/2026
Industry
Officers
Former
director · Resigned 01/06/2021
Persons with Significant Control
Mr Pritam Singh Pannu
British · United Kingdom · Age 83
C/O 18, Whitby Drive, Washington, NE38 7NW
Notified 01/10/2018
Former PSCs
Mr Dougie Singh Pannu
Ceased 01/10/2018
Charges0 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
Change History
Active
Private Limited Company
18 WHITBY DRIVE
WASHINGTON
CompanyRankvs 34094+ SIC 41100 peers54
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£63k
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
-£154k
Working capital
Current Assets
£11k
Current Liabilities
£165k
Fixed Assets
£217k
Debtors
£890
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | -£119k |
| 2024 | 0.02 | +£30k |
| 2023 | — | +£27k |
| 2022 | — | +£34k |
| 2021 | — | +£45k |
| 2020 | 0.02 | +£29k |
| 2019 | 0.02 | — |
Derived from filed accounts. Not audited figures.