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Twentyforty Properties Limited

11928311

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

124 CITY ROAD, LONDON,, LONDON, EC1V 2NX
Incorporated 05/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Harriet Omonta Sote

director · Since 05/04/2019

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Persons with Significant Control

Mrs Harriet Omonta Sote

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 40

124 City Road, London,, 124 City Road, London, EC1V 2NX

Notified 05/04/2019

Former PSCs

Mr Ayobamidele Emmanuel Sote

Ceased 04/04/2020

CompanyRankvs 231353+ SIC 68209 peers
33

Financial strength1th percentile among SIC peers · 0/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees9/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

-£226k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£350

Current Liabilities

£65k

Fixed Assets

£40k

1avg. employees

Balance Sheet

Assets less current liabilities-£25k
Signed by 4 TWENTYFORTY PROPERTIES LIMITEDPrepared with TinyTax

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£91k
20240.00+£35k

Derived from filed accounts. Not audited figures.