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Silk Plaza Limited

11670858

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

251 ILFORD LANE, ILFORD, IG1 2SB
Incorporated 09/11/2018

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 08/04/2026

Due 22/04/2027

On track

Industry

68320
Management of real estate on a fee or contract basis

Officers

Mr Abdul Wahid

director · Since 09/11/2018

CHIEF EXECUTIVE

BRITISH · UNITED KINGDOM · Age 72

Mr Imran Ali Wahid

director · Since 19/08/2022

SOLICITOR

BRITISH · ENGLAND · Age 49

Also on 16 other boards

Persons with Significant Control

Mr Abdul Wahid

75–100% shares

British · United Kingdom · Age 72

253a, Ilford Lane, Ilford

Notified 09/11/2018

Charges2 outstanding

Charge
outstanding

HBL BANK UK LIMITED

Created 06/06/2023Registered 15/06/2023
Charge
outstanding

HBL BANK UK LIMITED

Created 06/06/2023Registered 08/06/2023
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 02/08/2022Registered 08/08/2022Satisfied 16/06/2023
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 02/08/2022Registered 05/08/2022Satisfied 16/06/2023

CompanyRankvs 7045+ SIC 68320 peers
65

Financial strength92th percentile among SIC peers · 23/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 4.32× · 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.

Employees9/15 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 30/11/2024

Net Worth

£191k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£31k

Working capital

Current Assets

£40k

Current Liabilities

£9k

Fixed Assets

£4.0M

1avg. employees

Balance Sheet

Assets less current liabilities£4.0M
Signed by 1.12.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20244.32+£40k
2023197.88+£2k
20223.44+£47k
20210.04+£88k
20203.57+£11k
20191.35

Derived from filed accounts. Not audited figures.