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Passey Properties Limited

11660601

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

IZABELLA HOUSE, BIRMINGHAM, B1 3NJ
Incorporated 05/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Chad Fraser Passey

director · Since 05/11/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 1 other board

Mrs Elizabeth Mary Passey

director · Since 01/11/2025

BRITISH · ENGLAND · Age 31

Persons with Significant Control

Mrs Elizabeth Mary Passey

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

British · England · Age 31

14, Monkseaton Road, Sutton Coldfield, B72 1LB

Notified 05/11/2018

Mr Chad Fraser Passey

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

British · United Kingdom · Age 32

Izabella House, Regent Place, Birmingham, B1 3NJ

Notified 05/11/2018

Charges4 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 07/02/2025Registered 07/02/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 10/01/2025Registered 13/01/2025
Charge
satisfied

HOPE CAPITAL 3 LIMITED

Created 31/05/2024Registered 07/06/2024Satisfied 07/02/2025
Charge
satisfied

HOPE CAPITAL 3 LIMITED

Created 31/05/2024Registered 07/06/2024Satisfied 07/02/2025
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 12/10/2023Registered 20/10/2023
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED (TRADING AS PRECISE MORTGAGES)

Created 23/11/2021Registered 08/12/2021
Charge
satisfied

APEX BRIDGING LOANS LIMITED

Created 26/02/2021Registered 01/03/2021Satisfied 06/10/2021
Charge
satisfied

APEX BRIDGING LOANS LIMITED

Created 26/02/2021Registered 26/02/2021Satisfied 06/10/2021
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 13/12/2019Registered 17/12/2019Satisfied 13/01/2025

CompanyRankvs 65977+ SIC 68100 peers
39

Financial strength59th percentile among SIC peers · 15/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.02× · 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 strength15/25 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 30/11/2024

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£69k

Working capital

Current Assets

£1k

Current Liabilities

£71k

Fixed Assets

£428k

1avg. employees

Balance Sheet

Assets less current liabilities£359k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02+£960
20230.02-£9k
20220.01-£28k
20210.30-£6k
2020Infinity

Derived from filed accounts. Not audited figures.