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Sp Propco Limited

12499158

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

1 MAPPERLEY DRIVE, NORTHAMPTON, NN3 9UF
Incorporated 05/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Sundip Vipinbhai Patel

director · Since 05/03/2020

SOLICITOR

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Persons with Significant Control

Mr Sundip Vipinbhai Patel

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

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

Charge
outstanding

PARAGON BANK PLC

Created 31/12/2020Registered 04/01/2021

CompanyRankvs 56479+ SIC 68100 peers
31

Financial strength76th percentile among SIC peers · 19/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 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

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

1avg. employees

Balance Sheet

Assets less current liabilities£327k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£124k
2024-£31k
2023-£38k
2022-£8k

Derived from filed accounts. Not audited figures.