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Opengate Properties Limited

12750065

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

8 ATHELSTAN GROVE, WOLVERHAMPTON, WV6 7NL
Incorporated 17/07/2020

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

Mrs Kirandeep Midha

director · Since 17/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Mr Vikas Midha

director · Since 17/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mrs Kirandeep Midha

25–50% shares

British · England · Age 41

8, Athelstan Grove, Wolverhampton, WV6 7NL

Notified 17/07/2020

Mr Vikas Midha

25–50% shares

British · England · Age 42

8, Athelstan Grove, Wolverhampton, WV6 7NL

Notified 17/07/2020

Charges2 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 25/08/2021Registered 27/08/2021
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 14/06/2021Registered 15/06/2021

CompanyRankvs 44561+ SIC 68100 peers
46

Financial strength13th percentile among SIC peers · 3/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 97.68× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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44561Opengate Properties Limited
55
How is this score calculated?
Financial strength3/25 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.

Liquidity20/20 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 31/07/2025

Net Worth

-£17k

Balance sheet strength

Cash

£28

Cash in the bank

Net Current Assets

£93k

Working capital

Current Assets

£94k

Current Liabilities

£960

Fixed Assets

£275k

Debtors

£94k

2avg. employees

Tax at Year End(2022)

Corp tax£1k

Director Loans

Company owes directors£197k

Balance Sheet

Assets less current liabilities£368k
Signed by V Midha 14/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202597.67-£8k
20240.50-£12k
20230.61-£3k
20220.57+£9k
20210.01—

Derived from filed accounts. Not audited figures.