Back to search

Friends United Properties Limited

13510567

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

FLAT 1 40 CHURCH STREET, READING, RG4 8AU
Incorporated 14/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Krishna Reddy Vangala

director · Since 14/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mrs Sravanthi Vangala

director · Since 14/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mrs Sravanthi Vangala

25–50% shares
25–50% votes
Appoint directors

British · England · Age 38

Flat 1, 40 Church Street, Reading, RG4 8AU

Notified 14/07/2021

Mr Krishna Reddy Vangala

25–50% shares
25–50% votes
Appoint directors

British · England · Age 52

Flat 1, 40 Church Street, Reading, RG4 8AU

Notified 14/07/2021

Charges3 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 31/10/2024Registered 01/11/2024
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 24/09/2021Registered 04/10/2021
Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 24/09/2021Registered 04/10/2021

CompanyRankvs 122461+ SIC 68209 peers
39

Financial strength61th percentile among SIC peers · 15/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength15/25 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 30/04/2025

Net Worth

£13k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£203k

Working capital

Current Assets

£47k

Current Liabilities

£251k

Fixed Assets

£672k

2avg. employees

Balance Sheet

Assets less current liabilities£469k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.19+£1k
20240.54+£2k
20230.00+£8k
20220.00

Derived from filed accounts. Not audited figures.