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By2let Limited

12961706

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 8 outstanding charges (-10)

Details

2 DERBY ROAD, NOTTINGHAM, NG9 3BA
Incorporated 20/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Purvi Latchireddy

director · Since 20/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mr Madan Latchireddy

director · Since 01/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mrs Purvi Latchireddy

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

2, Derby Road, Nottingham, NG9 3BA

Notified 20/10/2020

Mr Madan Latchireddy

25–50% shares
25–50% votes
Appoint directors
significant-influence-or-control-as-firm

British · England · Age 52

2, Derby Road, Nottingham, NG9 3BA

Notified 01/12/2020

Charges8 outstanding

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outstanding

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CompanyRankvs 156914+ SIC 68209 peers
34

Financial strength70th percentile among SIC peers · 18/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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156914By2let Limited
43
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 31/10/2024

Net Worth

£39k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£49k

Working capital

Current Assets

£13k

Current Liabilities

£62k

Fixed Assets

£231k

0avg. employees

Balance Sheet

Assets less current liabilities£182k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.21+£21k
20230.69+£10k
20220.08+£751

Derived from filed accounts. Not audited figures.