Porchproperty Ltd
12366325
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 7 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Cheman Singh
British · United Kingdom · Age 54
18, Boden Road, Birmingham, B28 9DJ
Notified 17/12/2019
Charges7 outstanding
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CompanyRankvs 89723+ SIC 68100 peers33
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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.
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 31/12/2024
Net Worth
£6k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£36k
Working capital
Current Assets
£2k
Current Liabilities
£39k
Fixed Assets
£449k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.06 | -£1k |
| 2023 | 0.48 | +£17k |
| 2021 | 0.06 | -£12k |
| 2020 | 1.01 | — |
Derived from filed accounts. Not audited figures.