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Finmere Estates Ltd

12080944

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

2ND FLOOR PARKGATES BURY NEW ROAD, MANCHESTER, M25 0TL
Incorporated 02/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Abraham Weg

director · Since 02/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 3 other boards

Persons with Significant Control

Mr Abraham Weg

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

British · England · Age 30

2nd Floor Parkgates, Bury New Road, Manchester, M25 0TL

Notified 02/07/2019

Charges3 outstanding

Charge
outstanding

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Charge
satisfied

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Created 02/12/2019Registered 04/12/2019Satisfied 24/03/2026

CompanyRankvs 62690+ SIC 68100 peers
40

Financial strength56th percentile among SIC peers · 14/25
Employees81th 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 strength14/25 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 31/07/2024

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£200k

Working capital

Current Assets

£18k

Current Liabilities

£218k

Fixed Assets

£801k

2avg. employees

Balance Sheet

Assets less current liabilities£601k
Signed by 12080944 2023-08-01 2024-07-31 12080944 2024-07-31 12080944 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08+£7k
20230.07+£9k
20220.05+£7k
20210.03-£10k
20200.01

Derived from filed accounts. Not audited figures.