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Method Property Ltd

13077715

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

65 DUKE STREET, DARLINGTON, DL3 7SD
Incorporated 11/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Paul Davidson

director · Since 11/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Mr Paul Sutton Million

director · Since 11/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Vurv Lmited

25–50% shares
25–50% votes

65, Duke Street, Darlington

Reg: 12784356 · Companies House · Limited Company

Notified 11/12/2020

Purbrick Property Ltd

25–50% shares
25–50% votes

20-22, Wenlock Road, London

Reg: 12420004 · Companies House · Limited Company

Notified 11/12/2020

CompanyRankvs 230106+ SIC 68209 peers
38

Financial strength8th percentile among SIC peers · 2/25
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
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230106Method Property Ltd
33
How is this score calculated?
Financial strength2/25 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.

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

Key FinancialsYear ending 31/03/2024

Net Worth

-£29k

Balance sheet strength

Cash

£51

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£116k

Current Liabilities

£145k

Debtors

£1

1avg. employees

Balance Sheet

Assets less current liabilities-£29k
Signed by Mr P Million 28/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80-£15k
20230.88-£9k
20210.94—

Derived from filed accounts. Not audited figures.