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Franks Property Ltd

13246384

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

THE OLD BARN, GILLINGHAM, SP8 5JH
Incorporated 05/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Paul Allan Franks

director · Since 05/03/2021

DIRECTOR

ENGLISH · ENGLAND · Age 53

Also on 5 other boards

Mrs Sophie Margaret Teresa Franks

director · Since 05/03/2021

DIRECTOR

ENGLISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Paul Allan Franks

25–50% shares
25–50% votes

English · England · Age 53

The Old Barn, Majeston, Gillingham, SP8 5JH

Notified 12/08/2025

Mrs Sophie Margaret Teresa Franks

25–50% shares
25–50% votes

English · England · Age 54

The Old Barn, Majeston, Gillingham, SP8 5JH

Notified 12/08/2025

Former PSCs

Mrs Sophie Margaret Teresa Franks

Ceased 04/04/2025

Mr Paul Allan Franks

Ceased 04/04/2025

Franks Group Ltd

Ceased 12/08/2025

Charges3 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 14/02/2025Registered 20/02/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 12/08/2024Registered 20/08/2024
Charge
outstanding

PARAGON BANK PLC

Created 28/06/2021Registered 30/06/2021

CompanyRankvs 108172+ SIC 68100 peers
28

Financial strength16th percentile among SIC peers · 4/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.16× · 2/20
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 strength4/25 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.

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 31/12/2024

Net Worth

-£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£166k

Working capital

Current Assets

£33k

Current Liabilities

£198k

Fixed Assets

£497k

2avg. employees

Balance Sheet

Assets less current liabilities£331k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.16-£11k
20230.11+£1k
20220.07+£975
20210.04

Derived from filed accounts. Not audited figures.