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Prinik Properties Ltd

12265083

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

99 PAXTON CRESCENT, MILTON KEYNES, MK5 7PX
Incorporated 16/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Praveena Kumaresan

director · Since 16/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr Kumaresan Rangasamy

director · Since 16/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Kumaresan Rangasamy

25–50% shares
25–50% votes
Appoint directors

British · England · Age 52

99, Paxton Crescent, Milton Keynes, MK5 7PX

Notified 16/10/2019

Mrs Praveena Kumaresan

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

99, Paxton Crescent, Milton Keynes, MK5 7PX

Notified 16/10/2019

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 30/03/2020Registered 31/03/2020

CompanyRankvs 66394+ SIC 68100 peers
39

Financial strength52th percentile among SIC peers · 13/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.04× · 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 strength13/25 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 31/10/2024

Net Worth

£411

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£88k

Working capital

Current Assets

£4k

Current Liabilities

£92k

Fixed Assets

£315k

2avg. employees

Balance Sheet

Assets less current liabilities£227k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04
20230.13+£6k
20220.01
20210.42
20200.07

Derived from filed accounts. Not audited figures.