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Padlock Uk Bidco 2 Limited

12709749

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

C/O UK STORAGE CONSULTANCY LIMITED, WEWORK, LONDON, W6 7NL
Incorporated 01/07/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/04/2026

Due 28/04/2027

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr Iyngaran Muniandy

director · Since 20/03/2024

MANAGING DIRECTOR

MALAYSIAN · UNITED KINGDOM · Age 38

Also on 48 other boards

Mr Alexander Maurice Mason

director · Since 20/03/2026

BRITISH · UNITED KINGDOM · Age 33

Also on 40 other boards

Mr Richard Charles Drummond Owen

director · Since 20/03/2026

BRITISH · UNITED KINGDOM · Age 33

Also on 41 other boards

Persons with Significant Control

Padlock Uk Masterholdco Limited

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

C/O Uk Storage Consultancy Limited, Wework, London, W6 7NL

Reg: 15778430 · Companies House · Private Company

Notified 02/08/2024

Former PSCs

Padlock Uk Holdco 1 Limited

Ceased 02/08/2024

Charges3 outstanding

Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED

Created 19/12/2025Registered 02/01/2026
Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED

Created 18/03/2025Registered 20/03/2025
Charge
outstanding

MOUNT STREET MORTGAGE SERVICING LIMITED

Created 02/08/2024Registered 07/08/2024
Charge
satisfied

BCMGLOBAL (UK) LIMITED AS SECURITY AGENT

Created 15/04/2021Registered 23/04/2021Satisfied 05/08/2024
Charge
satisfied

WILLIE SNAITH LIMITED

Created 11/11/2020Registered 19/11/2020Satisfied 15/04/2021

CompanyRankvs 34084+ SIC 68100 peers
50

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
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 strength25/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/12/2024

Net Worth

£6.5M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£5.8M

Working capital

Current Assets

£14.9M

Current Liabilities

Debtors

£48k

Profit After Tax

-£2.0M

3avg. employees

Balance Sheet

Bank loans & overdrafts£0
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£2.2M
2023-£2.0M
2022-£6.1M
202143.09

Derived from filed accounts. Not audited figures.