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Panacea Properties Limited

12427398

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SPACEWORKS, NEWCASTLE UPON TYNE, NE7 7LX
Incorporated 27/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Miss Samina Sardar

director · Since 27/01/2020

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Miss Samina Sardar

75–100% shares
75–100% votes
Appoint directors

British · England · Age 42

Spaceworks, Benton Park Road, Newcastle Upon Tyne, NE7 7LX

Notified 27/01/2020

Charges1 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 23/05/2025Registered 28/05/2025
Charge
satisfied

THE MORTGAGE WORKS (UK) PLC

Created 31/07/2023Registered 08/08/2023Satisfied 28/05/2025
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 04/05/2021Registered 04/05/2021Satisfied 28/05/2025

CompanyRankvs 265412+ SIC 68209 peers
18

Financial strength6th percentile among SIC peers · 2/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity6 years trading (max 15) · 6/15
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.

Employees3/15 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.

Longevity6/15 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 31/01/2025

Net Worth

-£47k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£2k

Current Liabilities

£64k

Fixed Assets

£123k

0avg. employees

Balance Sheet

Assets less current liabilities£61k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04-£4k
20240.02-£9k
20230.06-£3k
20220.01
2021NaN

Derived from filed accounts. Not audited figures.