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Principle Of Property Limited

13677127

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

C/O PROPERTY ACCOUNTS LIMITED, READING, RG1 7SN
Incorporated 13/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Daniel Flash

director · Since 13/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 3 other boards

Miss Delene Gordon

director · Since 13/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Mr Daniel Flash

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

British · England · Age 36

C/O Property Accounts Limited, 59 Castle Street, Reading, RG1 7SN

Notified 13/10/2021

Miss Delene Gordon

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

British · England · Age 40

C/O Property Accounts Limited, 59 Castle Street, Reading, RG1 7SN

Notified 13/10/2021

Charges2 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 03/03/2023Registered 08/03/2023
Charge
outstanding

PARATUS AMC LIMITED

Created 12/10/2022Registered 12/10/2022
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 21/03/2022Registered 22/03/2022Satisfied 06/03/2023
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 21/03/2022Registered 22/03/2022Satisfied 06/03/2023
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 23/12/2021Registered 06/01/2022Satisfied 06/03/2023
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 23/12/2021Registered 06/01/2022Satisfied 12/10/2022

CompanyRankvs 208043+ SIC 68209 peers
27

Financial strength11th percentile among SIC peers · 3/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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208043Principle Of Property Limited
36
How is this score calculated?
Financial strength3/25 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 31/10/2024

Net Worth

-£17k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£79k

Working capital

Current Assets

£9k

Current Liabilities

£88k

Fixed Assets

£270k

Debtors

£6k

2avg. employees

Director Loans

Company owes directors£74k

Balance Sheet

Assets less current liabilities£191k
Signed by Mr Daniel Flash 18/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10+£4k
20230.13-£6k
20220.15—

Derived from filed accounts. Not audited figures.