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Mandala Projects Ltd

12293663

active
Private Limited Company
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

70A BEACH ROAD, WESTON-SUPER-MARE, BS23 4BG
Incorporated 01/11/2019

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 21/10/2025

Due 04/11/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Paul Purgas

secretary · Since 01/11/2019

Mr Paul Veejay Julian Purgas

director · Since 01/11/2019

PROPERTY MANAGEMENT

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Charges4 outstanding

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outstanding

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outstanding

PARAGON BANK PLC

Created 31/03/2021Registered 17/04/2021
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PARAGON BANK PLC

Created 25/01/2021Registered 09/02/2021

CompanyRankvs 176364+ SIC 68100 peers
16

Financial strength9th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0× · 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 strength2/25 pts

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

Employees0/15 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

-£33k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£363k

Working capital

Current Assets

£2k

Current Liabilities

£365k

Fixed Assets

£1.1M

Balance Sheet

Assets less current liabilities£691k
Signed by P V Purgas 23rd December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£2k
20240.00-£14k
20230.00-£30k
20210.03

Derived from filed accounts. Not audited figures.