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Cityspace Lets Ltd

11904952

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

2 WORDSWORTH ROAD, COLCHESTER, CO3 4HU
Incorporated 26/03/2019

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/03/2026

Due 19/03/2027

On track

Industry

55100
Hotels and similar accommodation
56101
Licensed restaurants
56302
Public houses and bars
68209
Other letting and operating of own or leased real estate

Officers

Mr Peter Shahzad Khan

director · Since 26/03/2019

PROPERTY INVESTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Sean Mccarthy

director · Since 26/03/2019

PROPERTY INVESTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Stockwell Ventures Limited

25–50% shares
25–50% votes

2, Wordsworth Road, Colchester, CO3 4HU

Reg: 11234230 · Companies House · Private Limited Company

Notified 26/03/2019

Mccarthy Capital Ltd

25–50% shares
25–50% votes

Cherrycroft, Upper Warren Avenue, Reading, RG4 7EB

Reg: 11901946 · Companies House · Private Limited Company

Notified 26/03/2019

Charges2 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 27/07/2022Registered 09/08/2022
Charge
outstanding

PARAGON BANK PLC

Created 06/07/2021Registered 09/07/2021
Charge
satisfied

LENDINVEST SECURITY TRUSTEES LIMITED

Created 09/01/2020Registered 10/01/2020Satisfied 26/07/2022
Charge
satisfied

LENDINVEST SECURITY TRUSTEES LIMITED

Created 09/01/2020Registered 10/01/2020Satisfied 26/07/2022

CompanyRankvs 8451+ SIC 55100 peers
26

Financial strength14th percentile among SIC peers · 4/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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8451Cityspace Lets Ltd
36
How is this score calculated?
Financial strength4/25 pts

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

Employees8/15 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

-£41k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£142k

Working capital

Current Assets

£19k

Current Liabilities

£161k

Fixed Assets

£674k

2avg. employees

Balance Sheet

Assets less current liabilities£532k
Signed by Mr Peter Khan Mr Sean McCarthy 16 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.12-£121k
20240.09-£26k
20230.11-£28k
20220.01+£56k
20210.02+£97k
20200.30—

Derived from filed accounts. Not audited figures.