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Forty49 Property Ltd

11841547

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

STUDIO 1, UNIT 17, WATERSIDE COURT THIRD AVENUE, BURTON-ON-TRENT, DE14 2WQ
Incorporated 22/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Richard Roy Barry

director · Since 22/02/2019

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Mr Mark Lawrence Selby

director · Since 22/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Persons with Significant Control

Mr Richard Roy Barry

25–50% shares

South African · England · Age 57

Studio 1, Unit 17, Waterside Court, Third Avenue, Burton-On-Trent, DE14 2WQ

Notified 02/09/2019

Mr Mark Lawrence Selby

25–50% shares

British · United Kingdom · Age 65

Studio 1, Unit 17, Waterside Court, Third Avenue, Burton-On-Trent, DE14 2WQ

Notified 02/09/2019

Former PSCs

Forty49 Holdings Ltd

Ceased 02/09/2019

Charges3 outstanding

Charge
outstanding

PARATUS AMC LIMITED

Created 04/02/2022Registered 16/02/2022
Charge
outstanding

PARATUS AMC LIMITED

Created 17/12/2021Registered 23/12/2021
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 13/12/2019Registered 17/12/2019

CompanyRankvs 99773+ SIC 68209 peers
43

Financial strength68th percentile among SIC peers · 17/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.08× · 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 strength17/25 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.

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 31/03/2025

Net Worth

£30k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£4k

Current Liabilities

£49k

Fixed Assets

£210k

Debtors

£1k

2avg. employees

Balance Sheet

Bank loans & overdrafts£129k
Assets less current liabilities£165k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.08+£1k
20240.06+£2k
20230.08+£16k
20220.03+£14k
20210.53

Derived from filed accounts. Not audited figures.