Back to search

Morganite Properties Limited

12128727

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

432 HIGH ROAD, WEMBLEY, HA9 6AH
Incorporated 30/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Emaad Mohammed Altae

director · Since 30/07/2019

MANAGER

BRITISH · ENGLAND · Age 46

Also on 8 other boards

Persons with Significant Control

Emaad Altae

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

British · United Kingdom · Age 46

6, Victoria Avenue, Wembley, HA9 6QE

Notified 30/07/2019

Charges4 outstanding

Charge
outstanding

PARATUS AMC LIMITED

Created 07/11/2024Registered 11/11/2024
Charge
outstanding

ONESAVINGS BANK PLC T/A KENT RELIANCE

Created 21/10/2022Registered 03/11/2022
Charge
outstanding

OCTANE PROPERTY FINANCE LIMITED

Created 04/11/2020Registered 06/11/2020
Charge
outstanding

OCTANE PROPERTY FINANCE LIMITED

Created 04/11/2020Registered 06/11/2020

CompanyRankvs 34459+ SIC 68209 peers
60

Financial strength76th percentile among SIC peers · 19/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 9.76× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength19/25 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.

Liquidity20/20 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 31/07/2025

Net Worth

£80k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£174k

Working capital

Current Assets

£194k

Current Liabilities

£20k

Fixed Assets

£629k

Debtors

£192k

1avg. employees

Tax at Year End

Corp tax£120

Director Loans(2021)

Company owes directors£27k

Balance Sheet

Intangible assets£23k
Assets less current liabilities£803k
Signed by Mr Emaad Altae 28/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20259.76+£46k
202419.72+£28k
202343.46-£3k
20220.31+£17k
20210.36

Derived from filed accounts. Not audited figures.