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Pure Project 1 Limited

11806454

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O RRS DEPT, S&W PARTNERS LLP, LONDON, EC2V 7BG
Incorporated 05/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Pragnesh Modhwadia

director · Since 05/02/2019

SOLICITOR

BRITISH · UNITED KINGDOM · Age 43

Also on 17 other boards

Persons with Significant Control

Vitta Capital Limited

25–50% shares
25–50% votes

1 Spring Villa Road, Edgware, HA8 7EB

Reg: 10696363 · England & Wales · Private Limited Company

Notified 03/02/2021

Mr Pragnesh Modhwadia

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 43

1, Spring Villa Road, Edgware, HA8 7EB

Notified 27/09/2022

Former PSCs

Pure Property Holdings Limited

Ceased 27/08/2022

Charges2 outstanding

Charge
outstanding

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CompanyRankvs 15+ SIC 41100 peers
14

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity7/15 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 28/02/2022

Net Worth

-£269k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£634k

Working capital

Current Assets

£100

Current Liabilities

£634k

Debtors

£100

2avg. employees

Balance Sheet

Bank loans & overdrafts£1.4M
Assets less current liabilities£1.2M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20220.00-£212k
20214.16

Derived from filed accounts. Not audited figures.