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Mitcham Lane Propco Limited

13203089

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

SOLAR HOUSE 282, LONDON, N14 6NZ
Incorporated 16/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Wayne Paul Mead

director · Since 05/08/2022

CONSTRUCTION (MANAGING DIRECTOR)

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Mr Luke Samuel Mead

director · Since 05/08/2022

PROJECT MANAGER CONSTRUCTION

BRITISH · ENGLAND · Age 33

Also on 5 other boards

Mr Alexander James Oliver

director · Since 05/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Mr Chirag Rajendraprasad Patel

director · Since 05/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 34 other boards

Persons with Significant Control

Tmml Developments Ltd

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

Solar House 282, Chase Road, London, N14 6NZ

Reg: 14159986 · Registrar Of Companies · Private Limited Company

Notified 05/08/2022

Former PSCs

Seventy Four Propco Limited

Ceased 05/08/2022

Charges4 outstanding

Charge
outstanding

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PARAGON DEVELOPMENT FINANCE LIMITED

Created 05/08/2022Registered 16/08/2022
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 05/08/2022Registered 16/08/2022
Charge
satisfied

UNITED TRUST BANK LIMITED

Created 19/11/2021Registered 22/11/2021Satisfied 08/08/2022
Charge
satisfied

UNITED TRUST BANK LIMITED

Created 19/11/2021Registered 22/11/2021Satisfied 08/08/2022
Charge
satisfied

SHAWBROOK BANK LIMITED

Created 02/06/2021Registered 11/06/2021Satisfied 24/11/2021

CompanyRankvs 11082+ SIC 41100 peers
61

Financial strength66th percentile among SIC peers · 17/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.44× · 20/20
Longevity5 years trading (max 15) · 5/15
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.

Employees14/15 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.

Longevity5/15 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 31/07/2024

Net Worth

£16k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£5.5M

Working capital

Current Assets

£7.1M

Current Liabilities

£1.6M

Debtors

£33k

4avg. employees

Tax at Year End

Corp tax£4k
VAT£32k

Balance Sheet

Assets less current liabilities£5.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20244.44£638k
20231.00
20221.00

Derived from filed accounts. Not audited figures.