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Pips Property Ltd

11831769

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

5 LARCH GARDENS, MANCHESTER, M8 8BJ
Incorporated 18/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Kashif Liaquat

director · Since 18/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Persons with Significant Control

Mr Kashif Liaquat

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 44

5, Larch Gardens, Manchester, M8 8BJ

Notified 18/02/2019

Former PSCs

Mr Umar Javaid

Ceased 20/02/2019

Charges3 outstanding

Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 08/07/2019Registered 08/07/2019
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 27/03/2019Registered 28/03/2019
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 27/03/2019Registered 28/03/2019

CompanyRankvs 42765+ SIC 41100 peers
37

Financial strength63th percentile among SIC peers · 16/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.11× · 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 strength16/25 pts

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

Employees7/15 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 28/02/2024

Net Worth

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£826

Working capital

Current Assets

£100

Current Liabilities

£926

Fixed Assets

£103k

1avg. employees

Balance Sheet

Assets less current liabilities£102k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11+£0
20230.11+£0
20220.11-£5k
20210.27+£6k
20200.00

Derived from filed accounts. Not audited figures.