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The Parade Tn6 Ltd

12921535

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

30-34 North Street, Hailsham, BN27 1DW
Incorporated 02/10/2020

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael Coenraad Espach

director · Since 02/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Mr David Anthony Theunissen

director · Since 02/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 1 other board

Michael Coenraad Espach

director · Since 02/10/2020

British · United Kingdom · Age 67

David Anthony Theunissen

director · Since 02/10/2020

British · United Kingdom · Age 70

Persons with Significant Control

Mr Michael Coenraad Espach

25–50% shares
25–50% votes

British · United Kingdom · Age 67

30-34 North Street, Hailsham, BN27 1DW

Notified 02/10/2020

Mr David Anthony Theunissen

25–50% shares
25–50% votes

British · United Kingdom · Age 70

30-34 North Street, Hailsham, BN27 1DW

Notified 02/10/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 04/03/2021Registered 11/03/2021

Change History

statusactive
2026-06-12

Active

typeltd
2026-06-12

Private Limited Company

address line130-34 North Street
2026-06-12

30-34 NORTH STREET

post townHailsham
2026-06-12

HAILSHAM

officer appointedESPACH, Michael Coenraad
2026-06-12
officer appointedTHEUNISSEN, David Anthony
2026-06-12

CompanyRankvs 157455+ SIC 68209 peers
34

Financial strength72th percentile among SIC peers · 18/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 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 strength18/25 pts

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

Employees3/15 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 31/03/2025

Net Worth

£51k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£460k

Working capital

Current Assets

£17k

Current Liabilities

£476k

Fixed Assets

£755k

Debtors

£100

0avg. employees

Balance Sheet

Assets less current liabilities£296k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04+£17k
20240.03+£14k
20230.04+£26k
20210.07

Derived from filed accounts. Not audited figures.