Properties (Residential 2) Ltd
12813589
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/08/2020
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 6 other boards
Persons with Significant Control
Mr Ian David Bacon
British · England · Age 46
30, Webster Road, London, SE16 4DF
Notified 14/08/2020
Former PSCs
Ms Yasmina Marie Rkia Henriette Slimani
Ceased 07/09/2020
Charges1 outstanding
THE MORTGAGE WORKS (UK) PLC
CompanyRankvs 141764+ SIC 68100 peers22
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2025
Turnover
£35k
Annual revenue
Net Worth
-£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£51k
Working capital
Current Assets
£5k
Current Liabilities
£84k
Fixed Assets
£499k
Profit After Tax
-£913
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.06 | — |
| 2024 | 0.07 | — |
| 2023 | 0.04 | +£5k |
| 2022 | 0.15 | -£4k |
| 2021 | 0.25 | — |
Derived from filed accounts. Not audited figures.