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The Southsea (Peks) Property Company Ltd

12505554

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

19 ROSETTA ROAD, PORTSMOUTH, PO4 8JY
Incorporated 09/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Perminder Singh Sethi

director · Since 09/03/2020

GENERAL PRACTITIONER

BRITISH · UNITED KINGDOM · Age 55

Also on 4 other boards

Persons with Significant Control

Sethi Family Office Ltd

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

19, Rosetta Road, Portsmouth, PO4 8JY

Reg: 16759360 · Companies House · Limited By Shares

Notified 30/04/2026

Former PSCs

Mr Perminder Singh Sethi

Ceased 30/04/2026

Charges3 outstanding

Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 16/01/2026Registered 19/01/2026
Charge
outstanding

PARATUS AMC LIMITED

Created 08/06/2022Registered 13/06/2022
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 07/09/2020Registered 19/09/2020

CompanyRankvs 163475+ SIC 68100 peers
7

Financial strength15th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.14× · 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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163475The Southsea (Peks) Property Company Ltd
27
How is this score calculated?
Financial strength4/25 pts

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

Employees0/15 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

Companies Act 2006. The financial statements are prepared in pounds sterling, the functional currency of the company. Monetary amounts in the financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure These financial statements have been prepared on the going concern basis as there is no significant doubt or material uncertainty about the company's ability to be profitable

Key FinancialsYear ending 31/03/2025

Net Worth

-£12k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£170k

Working capital

Current Assets

£27k

Current Liabilities

£196k

Fixed Assets

£575k

Debtors

£22k

Director Loans

Company owes directors£186k

Balance Sheet

Assets less current liabilities£405k
Signed by Mr P S Sethi 14/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.14+£3k
20240.06-£407
20230.04-£8k
2022—-£3k

Derived from filed accounts. Not audited figures.