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Parara Properties Ltd

12328434

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)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

FIRST FLOOR, PORTFOLIO PLACE 498 BROADWAY, OLDHAM, OL9 9PY
Incorporated 22/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Jace Ishmael Parara

director · Since 22/11/2019

IRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Mr Jamal Parara

director · Since 22/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Jamal Parara

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

British · England · Age 39

1 Worsley Court, High Street, Worsley, M28 3NJ

Notified 22/11/2019

Mr Jace Ishmael Parara

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

British · England · Age 38

First Floor, Portfolio Place, 498 Broadway, Oldham, OL9 9PY

Notified 22/11/2019

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 12/10/2022Registered 17/10/2022

CompanyRankvs 191980+ SIC 68209 peers
29

Financial strength11th percentile among SIC peers · 3/25
Employees77th percentile among SIC peers · 12/15
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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191980Parara Properties Ltd
38
How is this score calculated?
Financial strength3/25 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 30/11/2024

Net Worth

-£17k

Balance sheet strength

Cash

£62

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£62

Current Liabilities

£31k

Fixed Assets

£86k

2avg. employees

Director Loans(2021)

Company owes directors£710

Balance Sheet

Assets less current liabilities£55k
Signed by Mr Jamal Parara 15/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£4k
20230.66-£2k
20220.75-£3k
20210.04—

Derived from filed accounts. Not audited figures.