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Pongai Ltd

13003655

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

56 WINIFRED ROAD, BEDFORD, MK40 4ES
Incorporated 09/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Mahalingam Pongaimaran

director · Since 09/11/2020

DIRECTOR

FRENCH · UNITED KINGDOM · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Mahalingam Pongaimaran

75–100% shares

French · United Kingdom · Age 55

56, Winifred Road, Bedford, MK40 4ES

Notified 09/11/2020

Charges2 outstanding

Charge
outstanding

PRECISE MORTGAGES IS A TRADING NAME OF CHARTER COURT FINANCIAL SERVICES LIMITED

Created 18/10/2023Registered 20/10/2023
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 05/11/2021Registered 08/11/2021

CompanyRankvs 39347+ SIC 68100 peers
48

Financial strength67th percentile among SIC peers · 17/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 8.58× · 20/20
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 strength17/25 pts

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

Employees0/15 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 31/10/2024

Net Worth

£11k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£14k

Current Liabilities

£2k

Fixed Assets

£519k

Tax at Year End

Corp tax£1k

Director Loans

Company owes directors£166k

Balance Sheet

Assets less current liabilities£531k
Signed by Mr Mahalingam Pongaimaran 22/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.58+£6k
20239.14+£3k
202229.61+£3k
20211.00

Derived from filed accounts. Not audited figures.