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The School Apartments Ltd

11616803

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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

MMR HOMES 421 BURY NEW ROAD, MANCHESTER, M7 4ED
Incorporated 11/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Joseph Grunfeld

director · Since 11/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 31 other boards

Persons with Significant Control

Yf Estates Ltd

25–50% shares
25–50% votes
Appoint directors

C/O Whiteside & Davies, 158 Cromwell Road, Salford, M6 6DE

Reg: 10328980 · England And Wales · Private Limited Company

Notified 10/10/2019

Former PSCs

Mr Joseph Grunfeld

Ceased 15/10/2018

Charges1 outstanding

Charge
outstanding

AL RAYAN BANK PLC

Created 21/05/2024Registered 28/05/2024
Charge
satisfied

LLOYDS BANK PLC

Created 14/10/2019Registered 16/10/2019Satisfied 24/05/2024
Charge
satisfied

LLOYDS BANK PLC

Created 10/09/2019Registered 10/09/2019Satisfied 24/05/2024

CompanyRankvs 114599+ SIC 68209 peers
41

Financial strength69th percentile among SIC peers · 17/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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114599The School Apartments Ltd
50
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.

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 31/10/2024

Net Worth

£36k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£2k

Current Liabilities

£57k

Fixed Assets

£2.0M

1avg. employees

Balance Sheet

Assets less current liabilities£2.0M
Signed by 11616803 2023-11-01 2024-10-31 11616803 2024-10-31 11616803 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£49k
20230.16+£20k
20220.58+£18k
20211.72+£25k
20201.11+£108k
20190.34—

Derived from filed accounts. Not audited figures.