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Adecyn Properties Limited

12719043

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

9 SUMMERFIELD ROAD, WOLVERHAMPTON, WV1 4PR
Incorporated 04/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr. Waheed Ashiq

director · Since 04/07/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 5 other boards

Mr Danial Sharyar Waheed

director · Since 31/05/2024

ACCOUNTS & FINANCE

BRITISH · ENGLAND · Age 35

Also on 2 other boards

Persons with Significant Control

Mr. Waheed Ashiq

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

British · United Kingdom · Age 65

9, Summerfield Road, Wolverhampton, WV1 4PR

Notified 04/07/2020

Charges2 outstanding

Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 09/07/2025Registered 16/07/2025
Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 09/07/2025Registered 16/07/2025
Charge
satisfied

ALTERNATIVE BRIDGING CORPORATION LIMITED

Created 03/07/2024Registered 09/07/2024Satisfied 11/07/2025
Charge
satisfied

ALTERNATIVE BRIDGING CORPORATION LIMITED

Created 23/10/2023Registered 27/10/2023Satisfied 11/07/2025
Charge
satisfied

ALTERNATIVE BRIDGING CORPORATION LIMITED

Created 23/10/2023Registered 24/10/2023Satisfied 11/07/2025
Charge
satisfied

ALTERNATIVE BRIDGING (UK 1) LIMITED

Created 07/01/2022Registered 07/01/2022Satisfied 07/07/2025
Charge
satisfied

ALTERNATIVE BRIDGING (UK 1) LIMITED

Created 07/01/2022Registered 07/01/2022Satisfied 07/07/2025

CompanyRankvs 136096+ SIC 68100 peers
23

Financial strength3th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.3× · 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 strength1/25 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

-£137k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£537k

Working capital

Current Assets

£228k

Current Liabilities

£766k

Fixed Assets

£400k

1avg. employees

Balance Sheet

Assets less current liabilities-£137k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30+£111k
20240.05-£114k
20230.04-£86k
20220.11

Derived from filed accounts. Not audited figures.