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2 Picardy Road Ltd

11628574

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

UNIT 1A ABBEY TRADING ESTATE, LONDON, SE26 5TW
Incorporated 17/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Mohammad Nadir

director · Since 17/10/2018

BUSINESS PERSON

BRITISH · UNITED KINGDOM · Age 66

Also on 6 other boards

Persons with Significant Control

Mr Mohammad Nadir

25–50% shares

British · United Kingdom · Age 66

193, Trafalgar Road, London, SE10 9EQ

Notified 17/10/2018

Mr Hussnan Nadir

25–50% shares

British · England · Age 40

193, Trafalgar Road, London, SE10 9EQ

Notified 11/07/2024

Charges2 outstanding

Charge
outstanding

REDWOOD BANK LIMITED

Created 05/08/2024Registered 12/08/2024
Charge
outstanding

REDWOOD BANK LIMITED

Created 05/08/2024Registered 12/08/2024
Charge
satisfied

VICTORIA MUTUAL FINANCE LTD

Created 04/02/2022Registered 08/02/2022Satisfied 13/08/2024

CompanyRankvs 7037+ SIC 68100 peers
68

Financial strength90th percentile among SIC peers · 23/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 34.81× · 20/20
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 strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

£275k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£3.7M

Working capital

Current Assets

£3.9M

Current Liabilities

£111k

Fixed Assets

£6k

2avg. employees-1

Balance Sheet

Assets less current liabilities£3.8M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202434.81+£117k
20232.43+£14k
20221.41+£12k
20210.92+£7k
20200.91+£1k
20190.00—

Derived from filed accounts. Not audited figures.