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Credence Capital Propco 1 Ltd

13039694

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

483 GREEN LANES, LONDON, N13 4BS
Incorporated 24/11/2020

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 23/11/2025

Due 07/12/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Spiros Noussis

director · Since 24/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 6 other boards

Persons with Significant Control

Mr Spiros Noussis

Significant control

British · England · Age 55

10 Holtwood Road, 10 Holtwood Road, Leatherhead, KT22 0QJ

Notified 01/12/2025

Former PSCs

Mr Spiros Noussis

Ceased 01/04/2021

Credence Capital Kingsthorpe Limited

Ceased 12/04/2021

Mr Spiros Noussis

Ceased 12/04/2021

Credence Capital Kingsthorpe Limited

Ceased 01/12/2025

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/10/2024Registered 03/10/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 01/10/2024Registered 03/10/2024
Charge
outstanding

INVESTEC BANK PLC

Created 01/04/2021Registered 06/04/2021

CompanyRankvs 89300+ SIC 68209 peers
40

Financial strength97th percentile among SIC peers · 24/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

Republic of Ireland and the Companies Act 2006. They are prepared under the historical cost convention, other than the revaluation to fair value of investment properties and interest rate cap. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

£2.7M

Balance sheet strength

Cash

£449k

Cash in the bank

Net Current Assets

-£208k

Working capital

Current Assets

£811k

Current Liabilities

£1.0M

Fixed Assets

£13.0M

Debtors

£361k

1avg. employees

Tax at Year End

Corp tax£46k
VAT£43k

Balance Sheet

Assets less current liabilities£12.8M
Signed by S Noussis 23 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.80+£19k£852k
20240.78+£118k£1.0M
20231.27-£915k£878k
20221.69£619k

Derived from filed accounts. Not audited figures.