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Excel Property Development Ltd

13076021

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT M3, LONDON, E1 5NF
Incorporated 10/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Mehedi Alam

director · Since 10/12/2020

BUSINESS

BRITISH · ENGLAND · Age 43

Also on 5 other boards

Persons with Significant Control

Mr Mehedi Alam

75–100% shares
75–100% votes
Appoint directors

British · England · Age 43

Unit M3, 6 Greatorex Street, London, E1 5NF

Notified 10/12/2020

Charges2 outstanding

Charge
outstanding

PARAGON BANK PLC.

Created 29/06/2021Registered 02/07/2021
Charge
outstanding

PARAGON BANK PLC.

Created 29/06/2021Registered 02/07/2021

CompanyRankvs 494170+ SIC 68100 peers
42

Financial strength67th percentile among SIC peers · 17/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.14× · 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 strength17/25 pts

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

Employees12/15 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 31/12/2024

Net Worth

£12k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£140k

Working capital

Current Assets

£22k

Current Liabilities

£162k

Fixed Assets

£480k

Debtors

£19k

2avg. employees+1

Balance Sheet

Bank loans & overdrafts£329k
Assets less current liabilities£341k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.14+£2k
20230.15+£2k
20220.12
20210.05

Derived from filed accounts. Not audited figures.