Sp Propco Limited
12499158
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/03/2020
SOLICITOR
BRITISH · ENGLAND · Age 51
Also on 3 other boards
Persons with Significant Control
Mr Sundip Vipinbhai Patel
British · England · Age 51
2, Fuller Road, Northampton, NN3 7QZ
Notified 05/03/2020
Former PSCs
Ms Daksha Bains
Ceased 23/05/2020
Mr Dilesh Vipinbhah Patel
Ceased 23/05/2020
Charges1 outstanding
PARAGON BANK PLC
CompanyRankvs 56479+ SIC 68100 peers31
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
material uncertainties that lead to significant doubt upon the Company's ability to continue as a going concern. Theses financial statements have therefore been prepared on a going concern basis. 3. EMPLOYEES AND DIRECTORS The average number of employees during the year was 1 (2024 - 1 ) . 4. INVESTMENT PROPERTY Total £ Fair value At 31 March 2024 350,725 Additions 61,762 Revaluations
Key FinancialsYear ending 30/03/2025
Net Worth
£36k
Balance sheet strength
Cash
£77
Cash in the bank
Net Current Assets
-£240k
Working capital
Current Assets
£3k
Current Liabilities
£243k
Debtors
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | +£124k |
| 2024 | — | -£31k |
| 2023 | — | -£38k |
| 2022 | — | -£8k |
Derived from filed accounts. Not audited figures.