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Massis Properties Ltd

11510151

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

13 HILBRE ROAD, WEST KIRBY, CH48 3HA
Incorporated 10/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Ravinder Rait

director · Since 10/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Miss Amarjit Bharaj

25–50% shares
25–50% votes

British · England · Age 45

13, Hilbre Road, West Kirby, CH48 3HA

Notified 10/08/2018

Mr Ravinder Rait

Significant control

British · England · Age 49

13, Hilbre Road, West Kirby, CH48 3HA

Notified 10/08/2018

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 19/12/2018Registered 21/12/2018

CompanyRankvs 190046+ SIC 68209 peers
29

Financial strength19th percentile among SIC peers · 5/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.13× · 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 strength5/25 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.

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 30/09/2023

Net Worth

-£4k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£132k

Working capital

Current Assets

£19k

Current Liabilities

£151k

Fixed Assets

£128k

Debtors

£850

1avg. employees+1

Director Loans(2019)

Company owes directors£11k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20230.13-£8k
20220.09+£12k
20210.05+£2k
20200.33+£1k

Derived from filed accounts. Not audited figures.