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Credence Capital Propco 2 Ltd

13663628

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

483 GREEN LANES, LONDON, N13 4BS
Incorporated 06/10/2021

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/10/2025

Due 19/10/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Spiros Noussis

director · Since 06/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 6 other boards

Persons with Significant Control

Mr Spiros Noussis

Significant control

British · England · Age 55

483, Green Lanes, London, N13 4BS

Notified 10/04/2026

Former PSCs

Mr Spiros Noussis

Ceased 24/02/2023

Credence Royal Arsenal Limited

Ceased 10/04/2026

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 15/01/2025Registered 17/01/2025

CompanyRankvs 24959+ SIC 68209 peers
54

Financial strength100th percentile among SIC peers · 25/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 25.6× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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24959Credence Capital Propco 2 Ltd
73
How is this score calculated?
Financial strength25/25 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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

£12.4M

Balance sheet strength

Cash

£5.1M

Cash in the bank

Net Current Assets

£6.5M

Working capital

Current Assets

£6.8M

Current Liabilities

£264k

Fixed Assets

£16.6M

Debtors

£1.7M

1avg. employees

Balance Sheet

Assets less current liabilities£23.1M
Signed by S Noussis 29 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202425.60+£8.9M
20237.52—
2022NaN—

Derived from filed accounts. Not audited figures.