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Equicap Apartments Ltd

12557860

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

RAGAS HOUSE, NORTHOLT TRADING ESTATE, NORTHOLT, UB5 5QS
Incorporated 15/04/2020

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 Arunesh Luthra

director · Since 15/04/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 10 other boards

Mrs Sarika Luthra

director · Since 28/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Persons with Significant Control

Equicap Limited

75–100% shares

Ragas House,, Northolt Trading Estate, Northolt, UB5 5QS

Reg: 11465562 · England And Wales · Limited Company

Notified 15/04/2020

Charges2 outstanding

Charge
outstanding

KEYSTONE PROPERTY FINANCE LIMITED

Created 18/11/2022Registered 23/11/2022
Charge
outstanding

PARATUS AMC LIMITED

Created 02/10/2020Registered 10/04/2021

CompanyRankvs 41614+ SIC 68100 peers
46

Financial strength82th percentile among SIC peers · 21/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.23× · 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 strength21/25 pts

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

Employees12/15 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 31/07/2024

Net Worth

£74k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£446k

Working capital

Current Assets

£130k

Current Liabilities

£576k

Debtors

£115k

2avg. employees

Balance Sheet

Bank loans & overdrafts£332k
Assets less current liabilities£406k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.23+£7k
20230.21+£12k
20220.17+£11k
20210.15

Derived from filed accounts. Not audited figures.