550 Estates Ltd
12340708
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/11/2019
COMPANY DIRECTOR
INDIAN · UNITED KINGDOM · Age 72
Also on 4 other boards
Persons with Significant Control
Mr Satnam Singh Mann
Indian · United Kingdom · Age 72
143a, Gordon Road, Ilford, IG1 2XT
Notified 29/11/2019
CompanyRankvs 47606+ SIC 68100 peers59
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
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
£132k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£61k
Working capital
Current Assets
£208k
Current Liabilities
£268k
Fixed Assets
£643k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.78 | +£36k |
| 2023 | 0.68 | +£23k |
| 2022 | 0.28 | +£28k |
| 2021 | 1.04 | +£23k |
| 2020 | 0.04 | — |
Derived from filed accounts. Not audited figures.